KKR Confirms NYSE Listing for Common Stock & Subordinated Notes
Ticker: KKRS · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1404912
| Field | Detail |
|---|---|
| Company | Kkr & Co. Inc. (KKRS) |
| Form Type | 8-K |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulation-fd, exchange-listing, corporate-governance
TL;DR
**KKR's stock and notes are still trading on the NYSE, business as usual.**
AI Summary
KKR & Co. Inc. filed an 8-K on January 22, 2024, to disclose that its Common Stock (KKR) and 4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC (KKRS) are both registered on the New York Stock Exchange. This filing is a routine update, confirming the continued listing of these securities. For investors, this matters because it reaffirms the liquidity and transparency associated with being listed on a major exchange, which can impact stock valuation and investor confidence.
Why It Matters
This filing confirms KKR's primary securities remain listed on a major exchange, ensuring continued market access and transparency for investors.
Risk Assessment
Risk Level: low — This is a routine disclosure with no new material information that would introduce significant risk.
Analyst Insight
This filing is a routine administrative update and does not present new information that would warrant immediate investment action. Investors should continue to monitor KKR's financial performance and broader market conditions.
Key Numbers
- 4.625% — Subordinated Notes Interest Rate (The annual interest rate for the KKR Group Finance Co. IX LLC subordinated notes.)
- 2061 — Subordinated Notes Due Date (The year the KKR Group Finance Co. IX LLC subordinated notes mature.)
Key Players & Entities
- KKR & Co. Inc. (company) — registrant
- KKR Group Finance Co. IX LLC (company) — issuer of subordinated notes
- New York Stock Exchange (company) — exchange where securities are registered
- 4.625% (dollar_amount) — interest rate of subordinated notes
- 2061 (date) — maturity year of subordinated notes
- January 22, 2024 (date) — date of earliest event reported and filing date
Forward-Looking Statements
- KKR's stock and bond liquidity will remain stable. (KKR & Co. Inc.) — high confidence, target: 2025-01-22
FAQ
What is the purpose of this 8-K filing by KKR & Co. Inc.?
The 8-K filing by KKR & Co. Inc. on January 22, 2024, is a Regulation FD Disclosure, primarily to confirm the registration of its Common Stock (KKR) and 4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC (KKRS) on the New York Stock Exchange.
What are the trading symbols for the securities mentioned in the filing?
The trading symbol for KKR & Co. Inc.'s Common Stock is KKR, and the trading symbol for the 4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC is KKRS.
On which exchange are KKR's Common Stock and Subordinated Notes registered?
Both KKR & Co. Inc.'s Common Stock and the 4.625% Subordinated Notes due 2061 of KKR Group Finance Co. IX LLC are registered on the New York Stock Exchange.
What is the maturity date for the Subordinated Notes mentioned in the filing?
The Subordinated Notes mentioned in the filing are the 4.625% Subordinated Notes due 2061, indicating they mature in the year 2061.
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was January 22, 2024.
Filing Stats: 508 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-01-22 06:51:36
Filing Documents
- ef20019037_8k.htm (8-K) — 28KB
- 0001140361-24-002993.txt ( ) — 198KB
- kkr-20240122.xsd (EX-101.SCH) — 4KB
- kkr-20240122_def.xml (EX-101.DEF) — 17KB
- kkr-20240122_lab.xml (EX-101.LAB) — 27KB
- kkr-20240122_pre.xml (EX-101.PRE) — 19KB
- ef20019037_8k_htm.xml (XML) — 6KB
01
Item 7.01 Regulation FD Disclosure. On January 22, 2024, KKR & Co. Inc. (together with its subsidiaries, "KKR") posted a presentation on its website for KKR common stockholders and analysts. The presentation is accessible at the Investor Center for KKR & Co. Inc. at https://ir.kkr.com/events-presentations/. From time to time, KKR uses its website as a channel of distribution of financial and other important information about the company. The information in this Item 7.01 shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KKR & CO. INC. Date: January 22, 2024 By: /s/ Christopher Lee Name: Christopher Lee Title: Secretary