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AI brief of an SEC Form 8-K · KKR & (KKR)

KKR prices $590 million of 6.875% subordinated notes due 2065

Neutral Impact 3 of 5 financing Written later

KKR & Co. Inc. completed an offering of $590 million in 6.875% subordinated notes due June 1, 2065, including $40 million from partial exercise of the underwriters' over-allotment option. The notes are unsecured, subordinated obligations guaranteed by KKR Group Partnership L.P., adding long-term debt to KKR's balance sheet, which shareholders should weigh against the company's obligations.

Key points

  • Principal amount: $590 million, including $40 million from partial exercise of the underwriters' option to buy up to an additional $82.5 million
  • Interest rate of 6.875% per year, paid quarterly starting September 1, 2025; maturity June 1, 2065
  • Redeemable at the issuer's option on or after June 1, 2030; trustee is The Bank of New York Mellon Trust Company, N.A.

The filing

CompanyKKR & (KKR)
Form8-K, current report
Filed with the SECMay 28, 2025, 5:02 PM ET
Accession number0001140361-25-020643

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:21 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 28, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.