Simpson Thacher represented KKR & Co. Inc. (NYSE: KKR) in connection with the issuance of $590 million aggregate principal amount of 6.875% Subordinated Notes due 2065, inclusive of the amount sold pursuant to the underwriters’ partial exercise of their over-allotment option.
KKR intends to use the net proceeds from the offering for general corporate purposes.
The Simpson Thacher team for the transaction included Joe Kaufman, Sunny Cheong, Ben Pittenger, Cara Capoccitti and Cindy Yao (Capital Markets); Marcy Geller, Andrew Purcell and Michael Mann (Tax); and Tristan Brown, Erica Rozow and George Gerstein (Executive Compensation and Employee Benefits).