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Fitch withdraws ratings on KKR & Co. units following reorganization

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Fitch withdraws ratings on KKR & Co. units following reorganization

Fitch Ratings withdrew its A long-term issuer default ratings for KKR Management Holdings LP and KKR International Holdings LP, which were intermediate holding companies for KKR & Co. Inc.

The withdrawal of the ratings comes as KKR and its units closed an internal reorganization Jan. 1, following the company's conversion to a Delaware corporation from a Delaware limited partnership in July 2018.

KKR Management and KKR International were merged with KKR Fund Holdings LP, which changed its name to KKR Group Partnership LP and is now the sole intermediate holding company for the business.