KKR Financial Holdings LLC

On December 16, 2013, after the close of trading, KKR & Co. L.P. (NYSE: KKR) and KKR Financial Holdings LLC (NYSE: KFN) announced the signing of a definitive merger agreement where KKR will acquire KFN through a stock-for-stock merger. Under the agreement, which has been approved by the boards of directors of both KKR and KFN, in KFN’s case based on the unanimous recommendation of a committee of independent directors of KFN, shareholders of KFN will receive 0.51 common units of KKR for each common share of KFN.

The transaction is subject to approval by KFN’s shareholders as well as customary regulatory approvals and other customary closing conditions. KFN will hold a special meeting of common shareholders on Wednesday, April 30, 2014 to vote on the proposed merger. Holders of record of KFN’s common shares as of the close of business on February 26, 2014 are entitled to attend and vote at the meeting. Failure to vote will have the same effect as a vote against the proposed merger. For questions or assistance with voting, please contact KFN’s proxy solicitor, Innisfree M&A Incorporated, at 1 (888) 750-5834 or at +1 (212) 750-5833.

Upon closing of the transaction, which is expected in the first half of 2014, KFN will become a subsidiary of KKR. KFN’s perpetual preferred shares as well as its junior subordinated and senior notes will remain outstanding securities of KFN.

For further information regarding the transaction and special meeting, please refer to the documents below and to the SEC filings link at left.

Press Release
Definitive Proxy Statement

Stock Quote

  • KFN (NYSE) 04.16.2014 4:00 PM ET
  • 11.78
  • Change: 0.56
  • Volume: 1,283,400

Quotes delayed at least 20 minutes.Information provided by eSignal. Financial data in US dollars.

  • Open 11.27
  • Day High 11.79
  • 52-Week High 13.38
  • Previous Close 11.22
  • Day Low 11.22
  • 52-Week Low 8.91

Contact Information

  • Investor Relations

    • KKR Financial Holdings LLC
    • 555 California Street, 50th Floor
    • San Francisco, CA 94104
    • United States
    • Pam Testani
    • Telephone: +1.855.374.5411
    • Outside US: +1.415.315.3633
    • Facsimile:+1.212.750.0003
    • Email:
  • Stock Transfer Agent

    • American Stock Transfer & Trust Company, LLC
    • 6201 15th Avenue
    • Brooklyn, NY 11219
    • United States
    • Telephone: 800.937.5449
    • Website: www.amstock.com