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The Nexus
BUSINESSJun 1 · 15:10 UTCBLOOMBERGCaleb Mutua, Gowri Gurumurthy, Rene Ismail

FS KKR Is Selling $400 Million Bonds in Rare Junk-Rated BDC Deal

FS KKR is selling $400 million in bonds as part of a rare junk-rated BDC deal. KKR & Co. is exploring options for its majority stake in a commercial lighting manufacturer in China, including a potential sale.

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