KKR & Co. and Pacific Investment Management Co. will each buy 4.9% common-equity interests in Harley-Davidson (HOG) Financial Services as well as retail loan receivables at a premium to face value, Harley-Davidson said in a statement. Shares of Harley surged on the news. Daniel Pietrzak, KKR global head of private credit, talks about the deal on "Bloomberg Open Interest."

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