10:09 AM EDT, 06/12/2024 (MT Newswires) -- KKR & Co. ( KKR ) has received a private credit loan of about AU$500 million ($335 million) from Goldman Sachs' ( GS ) asset management unit and Blackstone (BX) to help fund its purchase of Australia's Perpetual Ltd.'s wealth management and corporate trust businesses, Bloomberg reported.

In May, KKR agreed to acquire 100% of Perpetual's wealth management and corporate trust businesses for AU$2.18 billion in cash.

KKR, Blackstone, and Goldman Sachs Asset Management did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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