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KKR Closes $240 Million Senior Secured Loan to Finance Fastener Holdings Acquisition

Practices: Finance, Credit Funds

A Ropes & Gray finance team represented KKR Credit Advisors (US), LLC in connection with a $240 million senior secured term loan and revolving credit facility to finance the acquisition of Fastener Holdings, Inc., which closed on July 26.

KKR Credit Advisors is the credit platform of KKR, a leading global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds.

The team was led by finance partner Joanne De Silva (New York) and included finance associate Erin Daley (Boston). 

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