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johnsyn

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johnsyn

Re: None

Wednesday, 06/26/2013 8:12:34 AM

Wednesday, June 26, 2013 8:12:34 AM

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8:02 AM KKR Financial (KFN) closes a $519M CLO, named KKR Financial CLO 2013-1, Ltd, with Citigroup the lead initial purchaser and placement agent. Proceeds will be used to finance a portfolio of senior loans. The company notes issuance comes at a good time - the recent "market volatility" should allow the purchase of assets at more attractive levels

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