KKR has led a AUD400m ($277m) private credit financing for Australian fuel supplier Ampol, providing capital to refinance existing debt and support the company’s broader corporate funding requirements. According to a report by Bloomberg.
The financing was arranged through KKR’s Asia Pacific credit platform and insurance business, with Singapore-based Clifford Capital participating in the transaction alongside the alternative asset manager.
The loan follows Ampol’s recent completion of its AUD1.1bn acquisition of EG Group’s Australian fuel retail business, a deal that significantly expanded the company’s service station network. The combined business now operates approximately 1,700 retail sites across Australia and a further 500 locations in New Zealand.
KKR said the investment reflects its confidence in Ampol’s established market position, investment-grade credit profile and disciplined approach to capital management.
The transaction highlights the growing role of private credit providers in financing large corporate borrowers across the Asia-Pacific region, as companies increasingly turn to alternative lenders for flexible funding solutions alongside traditional bank financing.
The deal also adds to KKR’s expanding Asia private credit portfolio. The firm completed fundraising for its second Asia-focused credit fund in late 2025, securing approximately $2.5bn in commitments to support lending opportunities across the region.
