Market Chatter: Barclays Citi, and KKR Capital Markets Underwrite $1.7 Billion Debt for KKR's OSTTRA Buyout

MT Newswires Live2025-04-22

Barclays (BCS), Citigroup (C), and KKR Capital Markets are backing $1.7 billion in debt financing for KKR's (KKR) $3.1 billion acquisition of post-trade services firm OSTTRA, Bloomberg reported, citing unnamed sources familiar with the matter.

Bloomberg said the funding includes first- and second-lien debt expected to be sold to investors in the capital markets.

Bloomberg, citing sources, said both banks and private lenders competed to support the buyout of OSTTRA, a joint venture between CME Group (CME) and S&P Global (SPGI).

Barclays, Citi, KKR, CME, and S&P did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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