KKC 0.00% $2.33 kkr credit income fund

Ann: Daily share buy-back notice - Appendix 3E, page-4

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  1. 1,939 Posts.
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    I am sure its just a slip Noomxx. That NTA figure is better than $2.24 it is $2.44. They do put out monthly NTA unaudited NTA as well and the last one was $2.445. Their investment grade is CCC average with quite a lot of the lending secured. Tends to be ignored by the market. KKR private equity are quite astute as I have experienced them extracting up to 20% rates for funding where the market was treating a stock very poorly and the asset backing was well beyond the SP. They were only involved because the stock fell short of its existing lender's covenants. That move impressed me so I got in some time back.
 
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