(Bloomberg) -- Kohlberg Kravis Roberts & Co.
canceled plans to sell 1 billion euros ($1.4 billion) of loans
for Dutch home-improvement retailer Maxeda BV because of market
volatility.
The deal is the third to be postponed or restructured by
KKR in as many weeks as losses from the U.S. subprime mortgage
rout reduce investor demand for risky debt. The New York-based
buyout firm is trying to raise 9 billion pounds ($18 billion)
this week to finance its takeover of Nottingham, England-based
drugstore chain Alliance Boots Plc.
Read more at Bloomberg Bonds News
canceled plans to sell 1 billion euros ($1.4 billion) of loans
for Dutch home-improvement retailer Maxeda BV because of market
volatility.
The deal is the third to be postponed or restructured by
KKR in as many weeks as losses from the U.S. subprime mortgage
rout reduce investor demand for risky debt. The New York-based
buyout firm is trying to raise 9 billion pounds ($18 billion)
this week to finance its takeover of Nottingham, England-based
drugstore chain Alliance Boots Plc.
Read more at Bloomberg Bonds News
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