Wednesday, 17 September 2014
Last updated 1 hour ago
Dec 8 2010 | 8:04am ET
KKR Financial Holdings, an independent financial firm managed by a subsidiary of private equity giant Kohlberg Kravis Roberts, will sell 18 million common shares in an underwritten public offering.
KKR Financial has granted the underwriter, Morgan Stanley, a 30-day option to purchase up to 2.7 million additional common shares. The company will use the net proceeds of the offering to acquire assets in line with its business strategy and for general corporate purposes. The offer is expected to close on Dec. 13, 2010.
Shares in the specialty finance company, which invests in financial assets, chiefly below investment grade corporate debt, fell to $9.20 in aftermarket trading after adding 10 cents to $9.48 during the regular session on Dec. 7.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
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