KKR Injects $600 Million Debt Financing Into Indian Manipal Group

Global investment firm KKR has arranged a $600 million financing deal with India's Manipal Education and Medical Group (MEMG), marking KKR's largest credit investment in the country to date. The funding, provided through KKR Capital Markets and backed by its private credit and insurance platforms, aims to support Manipal Group's long-term growth and corporate expansion across its diverse sectors, including healthcare, education, and health insurance. Manipal's healthcare arm is one of India's leading multispecialty hospital chains, while its education division is recognized as an Institute of Eminence by the Indian government. Both KKR and MEMG leadership emphasized their shared long-term vision and strategic alignment, with KKR highlighting its commitment to providing flexible, structured capital solutions tailored to Manipal's needs. The partnership reflects KKR's ongoing focus on the Indian market and its Asia Pacific credit platform's strategy to support high-quality companies with bespoke financial solutions. This financing deal strengthens the longstanding relationship between KKR and Manipal, positioning the group to accelerate its corporate objectives and continued success.