FS KKR Is Selling $400 Million Bonds in Rare Junk-Rated BDC Deal
A private credit fund jointly managed by Future Standard and KKR & Co. is looking to sell at least $400 million of junk bonds, according to people familiar with the...
By Caleb Mutua, Gowri Gurumurthy, Rene Ismail · Bloomberg Markets
A private credit fund jointly managed by Future Standard and KKR & Co. is looking to sell at least $400 million of junk bonds, according to people familiar with the matter, in a rare high-yield offering by a publicly traded credit fund.