2008-02-21nypost.com

A firm affiliated with leveraged buyout giant Kohlberg Kravis Roberts & Co., run by billionaire Henry Kravis, was forced to seek a two-week delay on the repayment of billions of dollars of debt after failing to find investors to refinance.

We're amused by the bit about the Florida government being a major holder of KKR debt. That suggests not all their creditors have the luxury of continuing to put off debt payments.



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