KKR Financial Holdings LLC Announces Redemption of all Outstanding 8.375% Senior Notes due 2041
25 October 2016 - 9:00PM
Business Wire
KKR Financial Holdings LLC (the “Company”) announced today that
it will redeem all of its outstanding 8.375% Senior Notes due 2041
(the “Notes”) on November 15, 2016 in accordance with the optional
redemption provisions provided in the documents governing the
Notes. The Notes trade on the New York Stock Exchange under the
symbol “KFH” and have been assigned CUSIP No. 48248A405 and ISIN
No. US48248A4058. As of October 25, 2016, there was $258.75 million
aggregate principal amount of the Notes outstanding. The redemption
price will equal 100% of the principal amount of the Notes plus
unpaid interest accrued thereon to, but excluding, the redemption
date, in accordance with the terms of the Notes. The Company
intends to use cash on hand to fund the redemption.
Beneficial holders of the Notes with any questions about the
redemption should contact the brokerage firm or financial
institution through which they hold the Notes.
ABOUT KKR FINANCIAL HOLDINGS
LLC
KKR Financial Holdings LLC is a specialty finance company
with expertise in a range of asset classes. The Company's core
business strategy is to leverage the proprietary resources of its
manager with the objective of generating current income. The
Company executes its core business strategy through its
majority-owned subsidiaries. The Company is externally managed
by KKR Financial Advisors LLC. The Company and KKR Financial
Advisors LLC are each subsidiaries of KKR & Co. L.P. Additional
information regarding the Company is available at
http://ir.kkr.com/kfn_ir/kfn_overview.cfm. Information on KKR
Financial Holdings LLC’s website is not incorporated into, and does
not form a part of, this press release.
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version on businesswire.com: http://www.businesswire.com/news/home/20161025005469/en/
KKR Financial Holdings LLCInvestor
Relations:Angela Yang,
+1-415-315-6567angela.yang@kkr.comorMedia:Kristi Huller, +
1-212-750-8300media@kkr.com
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