Davis Polk advised the initial purchasers in connection with a Rule 144A/Regulation S offering by KKR Group Finance Co. IV LLC, a wholly owned finance subsidiary of KKR & Co. L.P., of ¥25 billion aggregate principal amount of 0.509% senior notes due 2023, ¥5 billion aggregate principal amount of 0.764% senior notes due 2025 and ¥10.3 billion aggregate principal amount of 1.595% senior notes due 2038.

KKR is a global investment firm with offices around the world. KKR manages assets through a variety of investment funds and accounts covering multiple asset classes and has completed more than 320 private equity investments with a total transaction value in excess of $560 billion.

The Davis Polk capital markets team included partner Byron B. Rooney and associates Joseph S. Payne, Heita Miki and Jacqueline Marino. Partner David H. Schnabel and associate Aliza Slansky provided tax advice. All members of the Davis Polk team are based in the New York office.