Report Card: KKR Gets an A- from S&P
KKR today received an A- counterparty credit rating from Standard & Poor's, about one month after the private equity firm began listing its shares on the New York Stock Exchange. The given outlook was "stable." "The stable outlook incorporates our expectation that fee-related earnings should remain stable, while distributable earnings are likely to fluctuate with investment realizations," wrote analyst Chris Cary.
9 August 2010•1 min read
