KKR (NYSE:KKR) is opting for direct lenders in financing its acquisition of Karo Healthcare, rather than banks it had chosen to underwrite the initial loans, according to a media report.

KKR (NYSE:KKR) agreed to acquire Karo Healthcare from a fund managed by private equity firm EQT, with the aim to accelerate the European healthcare platform's growth, the companies said on Wednesday.

The American investment company KKR&Co. It attracted direct creditors to acquire Karo Healthcare, a Swedish manufacturer of over-the-counter drugs, refusing the assistance of banks selected to provide ...

A KKR & Co. debt sale shows how far Wall Street is willing to go to keep leveraged underwriting business from slipping away ...

(Bloomberg) -- KKR signed up direct lenders for its acquisition of Karo Healthcare, steering the deal away from the banks it had picked to underwrite the initial loans. Apollo Global Management ...

however KKR seems to be bucking that trend. The firm stuck another sizeable healthcare deal recently, agreeing to acquire E45 maker Karo Healthcare – also Stockholm-based – for €2.6bn ($3bn ...

Also this month, it advised KKR on its acquisition of Karo Healthcare from EQT, led by London corporate partners Alvaro Membrillera and Anna Van den Moortel, in April. White & Case advised EQT.