KKR Provides Global Accounts Receivable Facility to Weber LLC

NEW YORK--(BUSINESS WIRE)--KKR today announced that its private credit funds and accounts have provided a non-recourse accounts receivable financing for Weber LLC (“Weber”), the global leader in outdoor cooking products, innovation, and technology, to support the company’s operations and strategic investments in long-term growth. The initial $200 million facility is collateralized by certain accounts receivables of Weber in the U.S. and international markets, with subsequent closes of up to$100 million acr ...