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22.04.26 - 22:36
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Vertical Bridge Announces $1.5 billion Strategic Equity Investment from KKR (Business Wire)
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DELRAY BEACH, Fla. & NEW YORK--(BUSINESS WIRE)--Vertical Bridge REIT, LLC (“Vertical Bridge” or the “Company”), the largest private owner and operator of communications infrastructure in the United States, and leading global investment firm KKR today announced that KKR will make a $1.5 billion equity investment in the Company to support its future growth.
The addition of KKR as a new investor establishes a fully funded, long‑term capital structure that supports Vertical Bridge's strategic plan and reinforces the Company's position as a permanent owner and operator of a nationwide portfolio of more than 17,000 towers.
“This transaction provides us with the resources to continue developing our portfolio at scale while maintaining our disciplined, returns-focused approach to capital deployment,” said Ron Bizick, President and CEO of Vertical Bridge. “We are pleased to have KKR as an experienced, long‑term investor as we expand our platform, advance organic development, and selectively pur...
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17.04.26 - 00:42
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KBRA Assigns Preliminary Ratings to ALTDE 2026-1 Trust (Business Wire)
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NEW YORK--(BUSINESS WIRE)--#creditratingagency--KBRA assigns preliminary ratings to ALTDE 2026-1 Trust (ALTDE 2026-1), an aviation ABS transaction. ALTDE 2026-1 represents the second issuance serviced by Altavair L.P. and Altavair Limited (together, Altavair, the Company or the Servicers). Altavair was founded in 2003, and through a joint venture with KKR Credit Advisors (US) LLC (KKR) in 2018, has a managed portfolio of approximately $5.3 billion across more than 120 aircraft. KKR funds will retain the equity position in ALTDE 2026-1 at closing.
Proceeds from the Class A Notes and Class B Notes (together, the Notes) will be used to acquire a portfolio of 23 assets (the Portfolio); consisting of eight widebody aircraft, eight narrowbody aircraft, five engines, and two freighter aircraft on lease to 16 lessees located in 13 jurisdictions. As of March 31, 2026 (the Cutoff Date), the weighted average age of the Portfolio is approximately 10.5 years (excluding the engine assets), and the weighted average rema...
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15.04.26 - 01:48
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KKR and Samsung SDS Form Strategic Partnership to Drive Long-Term Value Creation (Business Wire)
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KKR to become active minority investor through KRW 1.22 trillion ($820 million) investmentSEOUL, South Korea--(BUSINESS WIRE)--KKR, a leading global investment firm, and Samsung SDS, a leading enterprise IT solutions company (the “Company”) and a member of Samsung Group, today announced a strategic partnership to support Samsung SDS' next phase of growth and long-term value creation.
Under the strategic partnership, KKR, through funds managed by KKR, and Samsung SDS will closely collaborate on a range of value creation initiatives for the Company, including supporting organic and inorganic growth strategies, accelerating the Company's expansion as a full‑stack AI solutions provider, and expanding into new business areas. KKR will also serve in an active advisory capacity to Samsung SDS' management team, particularly in areas including M&A, capital allocation, and supporting the Company's efforts to pursue strategic growth opportunities globally.
In connection with the strategic partnership, fund...
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