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17.11.25 - 17:18
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KKR′s Sheldon Not Seeing Signs of Gundlach′s ′Garbage Lending′ Concerns (Bloomberg)
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Christopher Sheldon, KKR's co-head of credit and markets, says he disagrees with DoubleLine Capital CEO Jeffrey Gundlach, who says the next big crisis for the financial markets is private credit. Speaking on "Bloomberg Open Interest," Sheldon says he isn't seeing any signs of what Gundlach called "garbage lending" and adds that the private credit market is in good shape amid a slowing economy. (Source: Bloomberg)...
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17.11.25 - 02:12
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KKR Provides $750 Million Bespoke Financing Solution to Chandra Asri Group (Business Wire)
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Financing will support the acquisition of ExxonMobil's Esso retail fuel station network in SingaporeSINGAPORE--(BUSINESS WIRE)--KKR, a leading global investment firm, and Chandra Asri Group (or the “Group”), a leading provider of energy, chemical, and infrastructure solutions in Southeast Asia, today announced a $750-million bespoke financing solution arranged by KKR Capital Markets and anchored by KKR's private credit and insurance platforms to Chandra Asri Group. The investment will support the Group's growth strategy and its acquisition of Esso-branded retail fuel station network from ExxonMobil in Singapore.
Established in 1992, Chandra Asri Group is a leading provider of critical energy, chemical, and infrastructure solutions to companies across Southeast Asia. The Group serves diverse industries, including manufacturing, the trading of chemicals, petrochemicals, and synthetic rubber, as well as the management of infrastructure assets. In 2024, the Group embarked on a strategic transformation ...
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