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Updated from 9:22 a.m. EDT
Kohlberg Kravis Roberts affiliate KKR Financial Holdings LLC (KFN Quote) said that because of the "unprecedented disruption" in the residential mortgage and commercial paper markets, it's holding talks with investors in its asset-backed secured liquidity note facilities regarding various alternatives to resolve potential funding issues.
Shares of the specialty finance company sank 29% to $10.82 in morning trading.
KKR Financial also said it might be forced to record a charge related to its mortgage-backed securities investments. The company said no assurance can be made that any of the strategies being evaluated will be successful. ...
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