KKR-backed SPAC raises $1.2 billion in U.S. IPO

KKR-backed SPAC raises $1.2 billion in U.S. IPO

KKR Acquisition Holdings I Corp, a blank-check firm backed by private equity firm KKR & Co Inc, said on Wednesday it had raised $1.2 billion in an upsized initial public offering. The special purpose acquisition company (SPAC) said it sold 120 million units, up...

Global Jet Capital Completes Securitization, Raising $663M

Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2021-1 securitization, raising approximately $663 million. BJETS 2021-1 is Global Jet Capital’s fifth ABS offering, bringing total assets...