distressed debt

KKR raises $2B for KKR Special Situations Fund

New York-based private equity firm KKR & Co was able to gather $2 billion for a fund called the KKR Special Situations Fund that will provide financing to distressed firms in North America, Europe and Asia.

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Australian distressed debt buyers favor loan purchases from smaller firms- survey

A survey showed that buyers of distressed debt in Australia favored soured loan acquisitions from smaller firms.

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