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Carlyle, KKR Win Discover’s $10 Billion Student-Loan Portfolio

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Carlyle Group Inc. and KKR & Co. won the auction for a $10 billion student-loan portfolio from Discover Financial Services, according to people familiar with the matter.

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Carlyle, KKR win auction for $10 billion student loan book from Discover Financial, FT reportsAccording to the report, the joint bid topped a competing offer from Sixth Street, BlackRock and the Canada Pension Plan Investment Board, with the loan book...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »