KKR issues $1bn mando to fund deal for insurer Global Atlantic

Aidan Gregory

August 12, 2020 10:45 am

KKR_Wall_Street_PA_575_375 — A view of New York Stock Exchange, US economy in peril as unemployment payments expire, report says. New York City continues to Phase 4 of re-opening following restrictions imposed to curb the coronavirus pandemic on August 3, 2020 in New York City. Phase 4 of reopening: Zoos, pro sports, TV and movie crews. (Photo by John Nacion/NurPhoto) | John Nacion/NurPhoto/PA Images

KKR, the US private equity group, has sold a $1bn mandatory convertible bond to fund its acquisition of life insurer Global Atlantic Financial Group, which it announced last month.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Morgan Stanley Equity United States Americas North America Goldman Sachs Cartoon Equity-Linked

AG

Aidan Gregory