KKR offers $500m in bonds

The US private equity firm run by Henry Kravis (pictured) and George Roberts has offered $500m in 30-year bonds.

Kohlberg Kravis Roberts (KKR) has offered $500 million in 30-year bonds through an indirect subsidiary.

The offering allows the private equity firm to reduce interest on $500 million of debt sold in January 2013, Bloomberg reported.

The 30-year senior unsecured notes were issued at 5.125 percent and were upsized from $300 million, as a result of investor demand.