KKR Provides $150MM Credit Facility to Jet Edge International

Credit funds and accounts managed by KKR agreed to provide a credit facility of up to $150 million to Jet Edge International, a provider of full-service private aviation that operates a fleet of managed Challenger and Gulfstream aircraft in the United States.

June 9, 2021 Bill Papariella | Dan Pietrzak | Jet Edge International | KKR | Patrick Clancy Ian Koplin

J.P. Morgan, BofA, KKR Provide Debt Financing to Support Acquisition of Cloudera

Cloudera entered into a definitive agreement to be acquired by affiliates of Clayton, Dubilier & Rice and KKR in an all-cash transaction valued at approximately $5.3 billion. J.P. Morgan, Bank of America and KKR Capital Markets committed to provide debt financing for the transaction.

June 1, 2021 BofA Securities | CD&R | Cloudera | Cowen | Debevoise & Plimpton | GCA Advisors | J.P. Morgan | Jeff Hawn | John Park | Kirkland & Ellis | KKR | Latham & Watkins | Perella Weinberg Partners | Rob Bearden | William Blair & Company Ian Koplin

Farr Joins Apollo as Senior Partner to Lead Capital Solutions Activities

Craig Farr joined Apollo Global Management as a senior partner to lead the firm’s capital solutions activities. In this newly created role, Farr will spearhead Apollo’s centralized origination, structuring and distribution platform.

May 18, 2021 Apollo Global Management | Carlyle | Citigroup Global Markets | Craig Farr | Howard Widra | Jim Zelter | KKR | MidCap Financial | North American Equity Capital Markets | Scott Kleinman Ian Koplin

KKR Appoints Lees and Piplapure to Global Private Credit Team

KKR appointed Jim Lees and Vaibhav Piplapure managing directors for its global private credit team to augment asset-based finance investing opportunities in the specialty lending and private asset-based finance markets.

April 1, 2021 Dan Pietrzak | Jim Lees | KKR | Matthieu Boulanger | Vaibhav Piplapure Ian Koplin

Sycamore, KKR and Blackstone Provide $225MM for Belk

Sycamore Partners, KKR, Blackstone Credit and other first lien term lenders delivered $225 million in new capital for Belk in the company’s restructuring support agreement.

January 28, 2021 Alvarez & Marsal | Belk | Blackstone Credit | Evercore | Kirkland & Ellis | KKR | Latham & Watkins | Lazard | O’Melveny & Myers | PJT | Sycamore Partners | Willkie Farr & Gallagher Phil Neuffer

CIT Arranges $75MM ABL Facility for One Call Corporation

CIT’s healthcare finance group arranged a $75 million senior secured asset-based credit facility for One Call Corporation, a Jacksonville, FL-based service provider to the workers’ compensation industry.

December 2, 2020 Blackstone Credit | Chatham Asset Management | CIT | Fred Pensotti | KKR | One Call Corporation | William Douglass Ellie Delany

KKR, East Asset and Axar Fund Callodine’s Acquisition of Gordon Brothers Finance Company

Callodine Group agreed to acquire Gordon Brothers Finance Company. As a result, Gordon Brothers Finance Company changed its name to Callodine Commercial Finance. The acquisition is being funded in part by financing from KKR, East Asset Management and Axar Capital Management.

November 6, 2020 Aviditi Advisors | Axar Capital | BlackRock Capital Investment Corporation | Callodine Commercial Finance | Callodine Group | Daniel Pietrzak | East Asset Management | Gene Martin | Gordon Brothers Financial Company | James E. Keenan | James Morrow | KKR Ellie Delany

Ares Management Leads $2.34B Financing for The Ardonagh Group

Through its global direct lending platform, Ares Management is serving as the lead arranger for a £1.875 billion ($2.34 billion) financing commitment to The Ardonagh Group, an independent insurance broker.

June 23, 2020 Ares Management | Blair Jacobson | Caisse de dépôt et placement du Québec | David Ross | HPS Investment Partners | KKR | Luis Mayans | Madison Dearborn Partners | Mark Affolter | The Ardonagh Group Phil Neuffer

KKR Invests $1B in Coty as Part of Definitive Transformation Agreement

Coty signed a definitive agreement with KKR as part of a transformation that will deleverage Coty’s balance sheet, streamline its operations and strengthen its leadership team. KKR is investing $1 billion directly into Coty through the issuance of convertible preferred shares.

June 1, 2020 Anne Jaeckin | Clairol | Coty | Edgar Huber | ghd | JAB Investors | KKR | Kristin Blazewicz | Laurent Mercier | OPI | Pascal Baltussen | Peter Harf | Richard Jones | Simona Cattaneo | Wella Phil Neuffer

KKR Provides $170MM Term Loan to Aimmune Therapeutics

An affiliate of KKR signed a $170 million term loan agreement with Aimmune Therapeutics, a biopharmaceutical company developing treatments for potentially life-threatening food allergies.

January 7, 2019 Aimmune Therapeutics | Emily Janvey | KKR Amanda Koprowski