Carlyle, KKR win auction for Discover Financial's $10b student loan book

Carlyle, KKR win auction for Discover Financial's $10b student loan book

FILE PHOTO: Trading information for KKR & Co is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., August 23, 2018. REUTERS/Brendan McDermid/File Photo

Carlyle and KKR & Co won an auction for a $10 billion student loan book from Discover Financial, the Financial Times reported on Wednesday, citing people familiar with the matter.