Carlyle Group and KKR are the final bidders for Discover Financial's $10bn US student loan portfolio.
Carlyle Group and KKR are final bidders for a $10bn US student loan portfolio from Discover Financial, as reported by the Financial Times. The sale aligns with Discover Financial's restructuring efforts, focusing on its credit card business. The winning bidder will gain a significant portion of the US student loan market, with potential opportunities for debt consolidation and refinancing.
June 20, 2024
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