Nov 20, 2007

KKR Financial: "It's a great time to invest in CLOs"

We have the liquidity, we have the financing, more importantly we've got the investment opportunities. It's a great time to invest [in CLOs], and we've got all the raw materials necessary to take advantage of it.

~ David Netjes, chief operating officer, KKR Financial, "Greed Trumps Fear as KKR Gets Banks to Arrange CLOs,", November 20, 2007

(KKR Financial shares fell 1 cent to $14.44 in New York Stock Exchange composite trading as of 10:22 a.m. The stock has lost about 45 percent this year.)

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