PreferredStockChannel
KKR & Co Inc | 6.75% Series A Preferred Units (KKR.PRA)

Prospectus excerpt:  At any time or from time to time on or after June 15, 2021, we may, at our option, redeem the Series A Preferred Units, in whole or in part, at a price of $25.00 per Series A Preferred Unit plus declared and unpaid distributions, if any. See "Description of the Series A Preferred Units¨Optional Redemption." If a Change of Control Event (defined herein) occurs prior to June 15, 2021, we may, at our option, redeem the Series A Preferred Units, in whole but not in part, at a price of $25.25 per Series A Preferred Unit plus declared and unpaid distributions, if any. If (i) a Change of Control Event occurs (whether before, on or after June 15, 2021) and (ii) we do not give notice prior to the 31st day following the Change of Control Event to redeem all the outstanding Series A Preferred Units, the distribution rate per annum on the Series A Preferred Units will increase by 5.00%, beginning on the 31st day following such Change of Control Event. See "Description of the Series A Preferred Units¨Change of Control Redemption." The units will rank equally with other series of our parity units, junior to our senior units and senior to our junior units (as such terms are defined herein) with respect to payment of distributions and distribution of our assets upon our liquidation, dissolution or winding up. See "Description of the Series A Preferred Units¨Ranking." The units will not have any voting rights, except as set forth under "Description of the Series A Preferred Units¨Voting Rights."

Full Prospectus PDF », KKR Page »

Series:A
Alternate symbology:KKR-A, KKR-PA, KKRprA
Redeemable?:Yes
Call Date:6/15/2021 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:12,000,000
Overallotment:1,800,000
Liquidation Preference:$25
Original Coupon:6.75%
Pay Period:Quarterly
Pay Dates:15-Mar, 15-Jun, 15-Sep, 15-Dec
CDx3 Compliance Rating: Learn KKR.PRA's Rating
KKR & Co. is a holding company. Through its subsidiaries, Co. is an investment firm that manages multiple alternative asset classes including private equity, credit and real assets, with strategic partners that manage hedge funds. Co. operates its asset management business in four business lines: Private Markets, which manage and sponsor a group of private equity funds that invest capital for long-term appreciation; Public Markets, which operate its credit and hedge funds platforms on a combined basis; Capital Markets, which is comprised of its global capital markets business; and Principal Activities, which manage the firm's own assets on its balance sheet and deploys capital.

Preferreds: KKR.PRB, KKR.PRA


Open the KKR Information Page »
Name: 
KKR & Co Inc
Website: 
www.kkr.com
Sector: 
Investment Brokerages
Number of ETFs Holding KKR: 
62 (see which ones)
Total Market Value Held by ETFs: 
$1,643,835,981.24
Total Market Capitalization: 
$44,642,000,000
% of Market Cap. Held by ETFs: 
3.68%

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