15-Nov-2024 10:01 HKT

Annual Review For KKR Financial Holdings LLC

S&P Global Ratings has performed annual reviews of the credit ratings of this issuer. When applicable, this review would include the review of the issuer’s subsidiaries or associated entities. In an annual review, S&P Global Ratings reviews current c...

14-Dec-2021 00:17 HKT

Ratings On Eight Commercial Finance Companies Affirmed Under Revised Criteria

We have reviewed our ratings on eight commercial finance companies in the U.S. under our revised criteria. We have affirmed the ratings on these companies, and the outlooks are unchanged. NEW YORK (S&P Global Ratings) Dec. 13, 2021--S&P Global Rating...

05-Feb-2021 07:33 HKT

KKR Financial Holdings 'BBB' Ratings Affirmed And Off CreditWatch After Affirmation Of KKR & Co. Ratings; Outlook Stable

We affirmed our ratings on KKR Financial Holdings' parent company, KKR & Co., following its acquisition of Global Atlantic Financial Group Ltd., removed the ratings from CreditWatch negative, and assigned a stable outlook. Furthermore, KKR Financial ...

10-Oct-2020 05:12 HKT

KKR Financial Holdings LLC Ratings Placed On CreditWatch Negative Due To An Error Correction

We are placing our ratings on KKR Financial Holdings LLC (KFN) on CreditWatch with negative implications, consistent with the CreditWatch negative that currently applies to our ratings on KKR & Co. Inc. (KKR). When we placed KKR's ratings on CreditWa...

07-Apr-2020 01:18 HKT

KKR Financial Holdings LLC Outlook Revised To Negative On Expected Portfolio Deterioration; 'BBB' Ratings Affirmed

We expect the decline in markets, COVID-19 pandemic, and weaker economic outlook to affect KKR Financial's portfolio, causing leverage to rise and covenant cushion to decline. We are therefore revising the outlook on KKR Financial to negative from st...

06-Dec-2018 00:24 HKT

Credit Conditions: Global Conditions Are Tightening As Trade And Economic Worries Mount

Credit conditions are becoming more challenging for borrowers around the world, as trade tensions, increases in borrowing costs in some regions, and a historic stretch of economic expansion—particularly in the U.S.—shows signs of slowing. S&P Global ...

28-Mar-2018 23:26 HKT

Credit Conditions: North America Sector Outlook--March 2018

Trade tensions resulting from new U.S. tariffs, heightened financial market volatility, and rising interest rates pose the greatest threats to the prolonged period of favorable credit condition in North America--but the prevailing low risk of recessi...

28-Mar-2018 23:20 HKT

Credit Conditions: North America March 2018--Trade Tensions, Market Swings Pose Risks To Benign Conditions

Trade tensions resulting from new U.S. tariffs, heightened financial market volatility, and rising interest rates pose the greatest threats to the prolonged period of favorable credit condition in North America--but the prevailing low risk of recessi...

01-Dec-2017 20:45 HKT

Credit Conditions: North America Sector Outlook--November 2017

The following is a rundown of credit conditions for various business sectors in North America, with a focus on what has changed since the previous quarter. For a broader look at S&P Global Ratings' top risks, and the region's macroeconomic environmen...

01-Dec-2017 20:39 HKT

Credit Conditions: North America November 2017: As Favorable Conditions Persist, All Eyes Are On Washington

As the favorable credit environment in North America stretches on toward unprecedented length, bolstered by steady (if unspectacular) economic growth, the biggest risks borrowers face in the near-term could come from the U.S. capital. The ongoing deb...