Street Talk

KKR’s MYOB refinancing drags while bolt-on payday looms

Sarah Thompson, Kanika Sood and Emma Rapaport

May 13, 2024 – 6.05pm

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KKR’s accounting software business MYOB may have been good enough for ANZ Bank to weigh a $4.5 billion-plus acquisition two years ago, but its debt is not exactly flying off the shelves with credit funds right now.

Sarah Thompson has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.

Emma Rapaport is a co-editor of the Street Talk column. Prior to that, she was a markets reporter at The Australian Financial Review.