KKR Extends Debt Financing To Indian Brokerage

Law360, New York (October 6, 2011, 7:48 PM EDT) -- KKR & Co. LP, the private equity firm run by Henry Kravis and George Roberts, said Thursday that it had it extended debt financing to Indian-based Way2Wealth Brokers Private Ltd. as part of the investment service company's effort to raise $30 million in debt capital to continue expanding.

The financing is KKR's second investment in the Coffee Day Co. group of businesses run by Indian businessman VG Siddhartha, which includes coffee retailing, property development and financial services. New York-based KKR did not specify how much debt financing it is providing but said Way2Wealth would use the funds...
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