King US Bidco

Acquisition of a Majority Stake in Kelvion - Debentures

Borrower(s)
King US Bidco
Industry
Manufacturing & equipment/Manufacturing
Area of finance
Project & Infrastructure Finance
Region
Europe
Europe
Countries
Germany

Deal Overview

EUR 750m project debentures in connection with Triton’s sale of a majority stake in Kelvion to Apollo-managed funds, with Triton retaining a minority interest in the company.

Deal Volume
$875m
Financial Close
12/01/2026
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Kelvion Industrial Tech Portfolio
$1.21bn
Greenfield
Manufacturing
Europe
Europe
Germany