Fitch Rates KKR CLO 16 Ltd./LLC

CHICAGO–(BUSINESS WIRE)–Fitch Ratings has assigned the following rating and Rating Outlook to KKR CLO 16 Ltd./LLC: –$455,000,000 class A-1 notes ‘AAAsf’, Outlook Stable. Fitch does not rate the class A-2, B-1, B-2, C or D notes or the subordinated notes. TRANSACTION SUMMARY KKR CLO 16 Ltd. (the issuer) and KKR CLO 16 LLC (the co-issuer) comprise an arbitrage cash flow collateralized loan obligation (CLO) that will be managed by KKR Financial Advisors II, LLC. Net proceeds from the issuance o