KKR Income Opportunities Fund sets up $75 million at-the-market common share offering
KKR Income Opportunities Fund (NYSE: KIO) entered a distribution agreement on June 28, 2024, allowing it to sell up to $75 million of common shares through KKR Capital Markets LLC, and began the offering on July 1, 2024. Shares may not be sold below current net asset value, and the filing does not state the number of shares sold or the proceeds raised so far.
- Maximum offering size: up to $75,000,000 of common shares, sold at the market through KKR Capital Markets LLC
- Distribution agreement dated June 28, 2024; sub-placement agent agreement with UBS Securities LLC
- Offering commenced July 1, 2024 under shelf registration statement (File No. 333-276632)