TEXT-Fitch expects to rate KKR & Co unsecured debt 'A'

Jan 25 - Fitch Ratings has assigned a long-term Issuer Default Rating (IDR) of 'A' to KKR Group Finance Co. II LLC (a subsidiary of KKR & Co. L.P.). The Rating Outlook is Stable. Concurrently, Fitch expects to assign a rating of 'A' to the unsecured notes issued by KKR Group Finance Co. II. The notes will rank equally with existing notes issued from KKR Group Finance Co. LLC. The ratings reflect joint and several guarantees on indebtedness at finance subsidiaries by KKR Management Holdings L.P.