IPO - KKR & Co. Inc.

Form Type: 8-K

Filing Date: 2025-03-07

Corporate Action: Ipo

Type: New

Accession Number: 000114036125007608

Filing Summary: On March 7, 2025, KKR & Co. Inc. issued 51,750,000 shares of its 6.25% Series D Mandatory Convertible Preferred Stock, which has an aggregate liquidation preference of $2,587,500,000. This issuance was part of a previously announced public offering. The company filed a Certificate of Designations establishing the rights and preferences associated with this stock, including dividend rates and conversion terms. Unless converted earlier, these preferred shares will automatically convert to Common Stock on March 1, 2028. Dividends will be cumulative and payable quarterly beginning June 1, 2025, and holders of these preferred shares will rank senior in terms of liquidation preference over holders of Common Stock.

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