KKR calls off CerPI tap

KKR calls off CerPI tap

Asset Management Capital Markets Equity Funds Project & Infrastructure Finance Structured Finance Mexico United States

US investment firm KKR has called off the planned reopening of two CerPI funds on the BMV stock exchange in Mexico City, according to a securities filing from CIBanco. KKR raised $183 million from a two-part CerPI deal in December 2018 with $100 million in one series and $83 million in the other. It had the option to raise up to $900 million from the sale of CerPIs and had announced plans to add to the second series on December 29 this year. CIBanco did not give the reasons for KKR delaying the

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