Harley-Davidson Shifts Financing to KKR and PIMCO, Impacting Balance Sheet and Earnings
Harley-Davidson has shifted most of its lending operations to KKR and PIMCO, reducing net debt and boosting cash reserves. However, this move may lead to lower long-term profits from financing, altering the company's earnings mix and potentially affecting shareholder returns. The deal changes the company's balance sheet structure and credit risk profile.
Topics: balance sheet debt restructuring financing shift Harley-Davidson KKR PIMCO