Wall Street Journal'​s "​A Commercial-​Paper Hit Close to KKR" The WSJ says that a "KKR real-​estate affiliate sought to delay repayment of $​5 billion in short-​term debt held by about 15 investors, including some money-​market funds ... The KKR payment extension is the latest bomb to rock the market for short-​term commercial paper, where three other issuers extended repayments last week." It adds, "The repayment delay doesn'​t appear to pose an immediate threat to the money-​market funds that hold the paper, said Peter Crane, a money-​fund expert in Westborough, Mass."

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