KKR announced that KKR Capstone, the operations group that works on KKR investments, appointed Matthew Claughton as a director in Sydney.
Amtek Global Technologies and KKR’s credit business announced the signing of definitive agreements under which KKR will provide AGT with €235 million ($293 million) of financing to replace its existing bridge loan.
Alvarex & Marsal signed a memorandum with Intesa Sanpaolo, KKR and UniCredit to develop and implement a solution to maximize the value of a selected corporate loan portfolio.
Bloomberg reported KKR, TPG Capital and Goldman Sachs, the firms that acquired Energy Future Holdings in the biggest-ever leveraged buyout, would be all but wiped out in a reorganization plan being discussed, according to sources.
The Wall Street Journal reported Brookstone is preparing to file for bankruptcy protection after missing an interest payment to creditors in January, people familiar with the matter said.
Bloomberg reported Energy Future Holdings is meeting with lenders to discuss DIP loans to fund it through bankruptcy as part of its restructuring.
KKR said it formed Maritime Finance Company, a new specialty finance company created to lend to the maritime industry. The company will be led by former Helios Advisors partners Kristan Bodden and Gabriel Tolchinsky.
Gardner Denver and KKR announced the companies have entered into a merger agreement in a transaction valued at $3.9 billion. Debt financing of $3.4 billion will be provided by a lender group to support the transaction.