US buyout firm Kohlberg Kravis Roberts has presented potential investors with details of a £9 billion ($18 billion, €13 billion) debt package, as it looks to finance its £12 billion acquisition of UK health and beauty chain Alliance Boots.
The 400 investors at yesterday’s presentation, which was given by KKR’s Dominic Murphy and Boots deputy chairman Stefano Pessina, were told the retailer’s earnings would equate to 1.7
