June 26 (Reuters) – Carlyle (CCIF.N), opens new tab and KKR & Co (KKR.N), opens new tab won an auction for a $10 billion student loan book from Discover Financial (DFS.N), opens new tab, the Financial Times reported, opens new tab on Wednesday, citing people familiar with the matter.
According 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 selling above par.
KKR, Carlyle and Discover Financial did not immediately respond to Reuters’ requests for comment.
Source: REUTER