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Security Details
- Coupon Rate
- 6.88%
- Liquidation Preference
- $25.00
- Call Price
- $25.00
- Call / Redemption Date
- 6/1/2030
- Maturity Date
- 6/1/2065
- Distribution Period
- Q
- Rate Type
- Fixed
- Annual Distribution
- 1.71875
- Distribution Dates
- 3/1, 6/1, 9/1 & 12/1
- Credit Ratings
- Moody's NF · S&P NR (6/2/2025)
- Tax-Advantaged Dividends
- No
Security Profile
- CUSIP
- 48251W609
- Market Cap
- $550 Million
- IPO
- 5/28/2025 · $25/share
- Parent Company
- KKR & Co. Inc. (KKR)
Business: $550,000,000 aggregate principal amount of our 6.875% Subordinated Notes due 2065 (the “notes”). Interest on the notes is payable on March 1, June 1, September 1 and December 1 of each year, beginning on September 1, 2025. Interest on the notes will accrue from May 28, 2025. The notes will mature on June 1, 2065. We may defer interest payments during one or more deferral periods for up to five consecutive years as described in this prospectus supplement.<p>
On or after June 1, 2030, we may redeem the notes, in whole at any time or in part from time to time, at their principal amount plus accrued and unpaid interest to, but excluding, the date of redemption; provided that if the notes are not redeemed in whole, at least $25 million aggregate principal amount of the notes must remain outstanding after giving effect to such redemption.<p>
We may redeem the notes, in whole, but not in part, within 120 days of the occurrence of a Tax Redemption Event (as defined in “Description of the Notes—Tax Redemption”) at a redemption price equal to their principal amount plus accrued and unpaid interest to, but excluding, the date of redemption. We may redeem the notes, in whole, but not in part, at any time prior to June 1, 2030, within 90 days of the occurrence of a “rating agency event” (as defined in “Description of the Notes—Optional Redemption of the Notes”), at a redemption price equal to 102% of their principal amount plus any accrued and unpaid interest to, but excluding, the date of redemption.
Company Contact
- CEO
- Joe Bae
- CFO
- Robert H. Lewin
- CEO
- Scott Nuttall
- Headquarters
- 30 Hudson Yards, New York, NY 10019
- Phone
- 212-750-8300 · Toll-Free 877-610-4910
- Fax
- 212-750-0003
- Investor Relations
- Craig Larson · 212-230-9410 · Investor-Relations@kkr.com