KKR & Co. Inc. Files 8-K for Material Definitive Agreement

TL;DR

KKR filed an 8-K for a material definitive agreement and Reg FD disclosure. Big financial move incoming.

AI Summary

On May 30, 2024, KKR & Co. Inc. announced the entry into a material definitive agreement related to financial obligations. The company also disclosed information under Regulation FD, indicating a potential impact on its financial standing. This filing is a current report detailing these significant events.

Why It Matters

This filing signals a significant financial transaction or obligation for KKR & Co. Inc., which could impact its financial health and investor confidence.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligations, which inherently carry some level of risk and require further investigation.

Key Players & Entities

• KKR & Co. Inc. (company) — Registrant
• May 30, 2024 (date) — Date of earliest event reported
• 30 Hudson Yards (location) — Principal executive offices address
• New York (location) — Principal executive offices city and state
• 10001 (location) — Principal executive offices zip code
• 212-750-8300 (phone_number) — Registrant's telephone number

FAQ

Filing Documents

• ef20030269_8k.htm (8-K) — 48KB
• ef20030269_ex4-1.htm (EX-4.1) — 621KB
• ef20030269_ex99-1.htm (EX-99.1) — 10KB
• image01.jpg (GRAPHIC) — 2KB
• 0001140361-24-028138.txt ( ) — 980KB
• kkr-20240530.xsd (EX-101.SCH) — 4KB
• kkr-20240530_def.xml (EX-101.DEF) — 17KB
• kkr-20240530_lab.xml (EX-101.LAB) — 26KB
• kkr-20240530_pre.xml (EX-101.PRE) — 19KB
• ef20030269_8k_htm.xml (XML) — 6KB

01

Item 1.01 Entry into a Material Definitive Agreement. The information set forth in Item 2.03 is hereby incorporated by reference into this Item 1.01.

03

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On May 30, 2024, KKR Group Finance Co. XI LLC (the " Issuer "), an indirect subsidiary of KKR & Co. Inc. (the " Corporation "), completed the offering of (i) 44,600,000,000 aggregate principal amount of its 1.559% Senior Notes due 2029 (the " 2029 Notes "), (ii) 1,000,000,000 aggregate principal amount of its 1.762% Senior Notes due 2031 (the " 2031 Notes "), (iii) 26,200,000,000 aggregate principal amount of its 2.083% Senior Notes due 2034 (the " 2034 Notes "), (iv) 10,000,000,000 aggregate principal amount of its 2.719% Senior Notes due 2044 (the " 2044 Notes ") and (v) 9,600,000,000 aggregate principal amount of its 3.008% Senior Notes due 2054 (the " 2054 Notes " and, together with the 2029 Notes, the 2031 Notes, the 2034 Notes and the 2044 Notes, the " Notes "). The Notes are guaranteed by the Corporation and KKR Group Partnership L.P., an indirect subsidiary of the Corporation (together with the Corporation, the " Guarantors "). The Notes were issued pursuant to an indenture (the " Base Indenture "), dated as of April 26, 2022, among the Issuer, KKR Group Co. Inc. (formerly known as KKR & Co. Inc.), KKR Group Partnership L.P. and The Bank of New York Mellon Trust Company, N.A., as trustee (the " Trustee "), as supplemented by the Second Supplemental Indenture, dated as of May 31, 2022 (the " Second Supplemental Indenture "), among the Issuer, the Corporation and the Trustee, and the Fourth Supplemental Indenture, dated as of May 30, 2024 (the " Fourth Supplemental Indenture " and, together with the Base Indenture and the Second Supplemental Indenture, the " Indenture "), among the Issuer, the Guarantors and the Trustee. The 2029 Notes bear interest at a rate of 1.559% per annum and will mature on May 30, 2029 unless earlier redeemed. The 2031 Notes bear interest at a rate of 1.762% per annum and will mature on May 30, 2031 unless e

01

Item 7.01 Regulation FD Disclosure. On May 22 , 2024, the Issuer priced the offering of the Notes. The Corporation intends to use the net proceeds from the sale of the Notes for general corporate purposes. The Notes were offered pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The Notes have not been registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. A copy of the press release announcing the pricing of the Notes is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Item 7.01 (including the exhibit furnished hereunder) 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 or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description Exhibit 4.1 Fourth Supplemental Indenture, dated as of May 30 , 2024, among KKR Group Finance Co. XI LLC, KKR & Co. Inc., KKR Group Partnership L.P. and The Bank of New York Mellon Trust Company, N.A., as trustee. Exhibit 4.2 Form of 1.559 % Senior Note due 20 29 (included in Exhibit 4.1 hereto). Exhibit 4.3 Form of 1.762 % Senior Note due 20 31 (included in Exhibit 4.1 hereto). Exhibit 4.4 Form of 2.083 % Senior Note due 20 34 (included in Exhibit 4.1 hereto). Exhibit 4.5 Form of 2.719 % Senior Note due 20 44 (included in Exhibit 4.1 hereto). Exhibit 4.6 Form of 3.008 % Senior Note due 20 54 (included in Exhibit 4.1 hereto). Exhibit 99.1 Press Release, dated May 22 , 2024, issued by KKR & Co. Inc. (This exhibit is furnished and not filed). Exhibit 104 Cover Page Interactive Data File, formatted in Inline XBRL.

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: May 30, 2024 By: /s/ Christopher Lee Name: Christopher Lee Title: Secretary

View Full Filing

View this 8-K filing on SEC EDGAR