Corporate Capital Trust II closes its first originated transaction

Written By: Katherine Demetre
July 27, 2017

corporate-capital-trust-ii

On July 27, 2017, Corporate Capital Trust II revealed that it had recently closed on its first directly negotiated investment.

Per the company, their shareholders have the ability to invest in originated deals on the same terms as well as KKR’s other direct lending accounts.

Thomas K. Sittema, CEO of Corporate Capital Trust II, commented:

We believe that our ability to co-invest alongside KKR’s institutional clients provides our shareholders with a very compelling investment opportunity.

Corporate Capital Trust II also revealed it received its order of exemptive relief from the Securities Exchange Commission on June 19, 2017 and funded its first originated transaction on June 30, 2017.