KKR Income Opportunities Fund to Acquire Assets of Insight Select Income Fund
The Board of Trustees of KKR Income Opportunities Fund ("KIO") (NYSE:KIO) and the Board of Trustees of Insight Select Income Fund ("INSI") (NYSE:INSI) today announced the signing of a definitive agreement under which KIO will acquire the assets of INSI.
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Following the close of the transaction, INSI will no longer have its shares listed on any public market. KIO will remain focused on investing in first- and second-lien secured loans, unsecured loans and high yield corporate debt instruments and will continue to trade on the New York Stock Exchange under its current ti