Wednesday, 20 August 2014
Last updated 37 sec 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 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note