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KKR Secures $7.2B Prime RV Loan Portfolio In Strategic Move With BMO Collaboration - KKR & Co (NYSE:KKR)

KKR & Co Inc (NYSE: KKR) disclosed the buyout of a super-prime recreational vehicle (RV) loan portfolio worth $7.2 billion from BMO Bank National Association,  ....

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KKR Acquires $7.2B Portfolio of Prime Recreational Vehicle Loans - News

KKR announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO purchased approximately $6.4 billion of senior notes collateralized by the sold loans. BMO will. ....

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