KKR, partners lower IPO price of Australian non-bank lender Latitude

KKR, partners lower IPO price of Australian non-bank lender Latitude

REUTERS/Brendan McDermid

U.S. private equity firm KKR & Co and its partners have lowered the IPO price of their Australian non-bank lender, Latitude Financial, by at least 11% ahead of its expected listing on Friday, two sources told Reuters.

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