Shaw and Partners appointed Co-Manager to the proposed KKR Credit Income Fund IPO News19 Sep 2019

Shaw and Partners has been appointed Co-Manager to the KKR Credit Income Fund Initial Public Offering.

 

KKR Credit Income Fund (“Trust”) is an Australian registered managed investment scheme structured as a unit trust, which has been registered with ASIC and is proposed to be listed on the ASX under the stock code ASX: KKC.

 

The Trust is managed by KKR Australia Investment Management Pty Ltd.

 

The Trust is seeking to raise a minimum of $200 million and up to $750 million through the issue of units at a subscription price of $2.50 per unit.

 

KKR Credit Income Fund aims to provide ASX investors with attractive, risk adjusted returns and access to a diversified portfolio of income generating alternative credit investments with a focus on capital preservation through geographic and asset class diversification. The Trust targets a net return of 6-8% p.a. with a target net cash yield of 4-6% p.a. through the market cycle.

 

The offer is open to investors with a registered address in Australia and New Zealand.

 

For more information or to obtain a copy of the Product Disclosure Statement, please contact your Shaw and Partners Adviser.

 

KKR and the Manager

The Manager is an affiliate of Kohlberg Kravis Roberts & Co. L.P. (KKR), a global alternative asset manager and KKR Credit Advisors (US) LLC (KKR Credit) is the Investment Adviser through which KKR conducts its global credit investment business. KKR manages approximately US$206 billion of assets with nearly US$70 billion of assets being managed by KKR Credit. KKR Credit has approximately 120 investment professionals who seek and analyse new investment opportunities.

Related Articles
News22 Jan 2020 Shaw and Partners brand ambassador Kendrick Louis crowned Nutri-Grain IronMan Series Champion
Shaw and Partners extends its congratulations to Shaw and Partners brand ambassador Kendrick Louis, who took out the title of 2019/2020 Nutri-Grain IronMan Series Champion over the... Read More
News21 Jan 2020 Shaw and Partners hires ECM operative from Petra Capital
Stockbroking and wealth management firm Shaw and Partners has poached a former Petra Capital managing director as its new head of capital markets.   It is understood Conrad Ander... Read More
News21 Jan 2020 Shaw and Partners Shannon Eckstein Ironman Classic 2020
For the second year running, Shaw and Partners is excited to partner with Australian Surf Life Saving Ironman Champion, Shannon Eckstein, as the major presenting partner and headli... Read More
News14 Jan 2020 Shaw and Partners appointed as Sole Lead Manager to the proposed capital raising by Wisr Limited.
Shaw and Partners is pleased to be appointed as Sole Lead Manager to the proposed capital raising by Wisr Limited (ASX.WZR).   The Company is proposing to raise up to approximate... Read More
A - Z  % Change  
{{data.Symbol}} {{data.CompanyName}} {{data.Close}} {{data.AsAt | date :'shortTime'}} {{data.Movement | number : 2}} {{data.MovementPercent | number: 2}}%