Harley-Davidson (HOG) is in advanced talks to sell a stake in its financing unit and existing motorcycle loan portfolio in a deal worth $5B to Pimco and KKR (KKR), Bloomberg’s Carmen Arroyo, Crystal Tse, and Matthew Monks report. The deal would include the company’s existing book of motorcycle loans, and Pimco and KKR are also seeking to purchase the debt the firm originates in the future, according to people with knowledge of the matter. A deal could be announced within weeks, according to the people.
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