HALISTER: KKR 4Q Total Segment Rev. Trails Est.; Adds $250m to Buyback

KKR 4Q Total Segment Rev. Trails Est.; Adds $250m to Buyback

(Bloomberg) -- KKR 4Q economic net income/adj. unit 40c, est. 40c; total segment rev. $664.4m, est. $730m.
  • AUM $129.6b as of Dec. 31 vs $131.1b at Sept. 30; est. $132.6b
  • Book value $12.15/adj. unit vs $12.18 y/y
  • Boosts share buyback authorization by $250m; had $41.2m remaining under prior program; market cap $14.8b
  • Call 10am 877-303-2917
  • Statement link
To contact the reporter on this story: Courtney Dentch in New York at cdentch1@bloomberg.net
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
KKR US (KKR & Co LP)

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UUID: 7947283

HALISTER: Turkish Hospital Owners Revive Plans With BofA to Sell Stake

Turkish Hospital Owners Revive Plans With BofA to Sell Stake

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
BAC US (Bank of America Corp)
QFBQ QD (Qatar First Bank)
1298409D JY (Argus Capital General Partner II Ltd)
1486674D TI (Turgut Aydin Holding AS)
0996116D TI (Yeni Magazacilik AS)

Topics
CFO Interviews
Holding Decreases

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UUID: 7947283

HALISTER1: Brazil Police See Evidence of House Speaker Wrongdoing: Reports

Brazil Police See Evidence of House Speaker Wrongdoing: Reports

(Bloomberg) -- Lower house Speaker Rodrigo Maia allegedly received 1m reais in bribes from OAS to defend its interests in Congress, according to an investigation conducted by Federal Police within Carwash corruption probe, Brazil local media reports.
  • Federal police sees evidence of passive corruption and money laundering, Estado reports: Link
  • Story was first reported by Globo TV; Estado de S.Paulo, Folha de S.Paulo and O Globo newspapers have separate stories with same content
  • Rodrigo Maia says he never received improper advantage to pass bills in lower house, according to his press officer
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
0211873D BZ (OAS SA)

People
Rodrigo Maia (Federative Republic of Brazil)

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HALISTER1: TRANSLATION: Globo: PF says Rodrigo Maia provided defended OAS interests in Congress

TRANSLATION: Globo: PF says Rodrigo Maia provided defended OAS interests in Congress

Alert: HALISTER1
Source: BES (Bloomberg Editorially Selected)

Tickers
0211873D BZ (OAS SA)
PETR4 BZ (Petroleo Brasileiro SA)

People
Jose Sarney (Brazilian Democratic Mov Party)
Luiz Edson Fachin ((BRA)Federal Supreme Court)
Luiz Inacio Da Silva (Federative Republic of Brazil)
Michel Temer (Federative Republic of Brazil)
Rodrigo Janot (Federative Republic of Brazil)

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HALISTER1: AUCTION PREVIEW: 30Y Gilt Seen Cheap on Curve, Rich Cross-Market

AUCTION PREVIEW: 30Y Gilt Seen Cheap on Curve, Rich Cross-Market

(Bloomberg) -- U.K. plans to sell GBP2.5b in 1.5% 07/2047 gilts at 11:30am CET at fourth opening of series, equivalent to about GBP5.4m-GBP5.5m/bp in risk.
  • RBC (Vatsala Datta)
    • 30Y sector has underperformed on the curve amid recent rally in gilts that erased all cheapening since start of year
    • Note looks rich on cross-market basis, particularly against Germany, where the spread is approaching historically low levels; high supply to also weigh
  • Santander (Adam Dent)
    • 10s30s steepening “cannot simply be attributed to supply pressures, so is unlikely to snap back sharply after this sale, but rather, presents a genuine opportunity”
    • Recommendation buying 2047 note vs 2049, betting on spread tightening “as 47s become established”
  • Societe Generale (Ciaran O’Hagan)
    • Depth of demand may be questionable as pension funds could wait for 2065 linker syndication; series to be reopened in March reducing urgency to buy now
    • 10s30s steepening “hints” at market positioning for auction, with Wednesday’s 8bps decline in 30s gilt likely driven by short covering
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

People
Vatsala Datta (RBC Europe Ltd)
Adam Dent (Abbey Natl Treasury Services)
Ciaran Ohagan (Societe Generale SA)

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UUID: 7947283