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Harley-Davidson shares surge 21.48% intraday after strategic partnership with KKR and PIMCO unlocks $12.5B in cash.
ByAinvest
Wednesday, Jul 30, 2025 10:20 am ET1min read
Harley-Davidson, Inc. surged 21.48% intraday, following the announcement of a strategic partnership between its subsidiary HDFS and KKR and PIMCO, involving the sale of over $50 billion in retail loans and 4.9% equity, unlocking $12.5 billion in cash. The company plans to use the cash to reduce $4.5 billion in debt and accelerate a $5 billion stock buyback.
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