KKR Signs A$200 Million Private Credit Loan for Australia’s MYOB

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KKR Signs A$200 Million Private Credit Loan for Australia’s MYOB
MYOB Ltd.Private Equity
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(Bloomberg) -- KKR & Co. signed a deal with private credit lenders for about a A$200 million ($133 million) loan for MYOB Ltd., an Australian accounting...

-- KKR & Co. signed a deal with private credit lenders for about a A$200 million loan for MYOB Ltd., an Australian accounting software firm that the private equity giant acquired in 2019, people familiar with the matter said.Tech Up in Late Hours as Nvidia Emboldens AI Bulls: Markets Wrap

The deal would be part of the $1.7 trillion global private credit market, which is fast becoming a serious rival to mainstream lending by offering higher, floating rates of return. The asset class has been growing even in the face of potential headwinds from elevated interest rates. People Are Sharing Famous Companies That Went Bankrupt Over Dumb Decisions, And Now I Finally Know What Happened To Circuit City

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MYOB Ltd. Private Equity

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