FS KKR Capital (FSK)
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FS KKR stock slides as Moody's downgrade flags rising credit stress
Invezz· 2026-03-24 16:02
Shares of FS KKR Capital Corp fell sharply after Moody's downgraded the private credit fund run by KKR to junk status, intensifying investor concerns over deteriorating asset quality and weak earnings... ...
Emergent Metals corp. Signs Definitive Agreement to Sell its Golden Arrow Property to Fairchild Gold Corp.
Thenewswire· 2026-03-24 16:00
Vancouver, British Columbia – TheNewswire - March 24, 2026 – Emergent Metals Corp. (TSXV: EMR, OTC: EGMCF, FRA: EML, MUN: ELM) (“Emergent” or the “Company”) is pleased to announce that the Company has entered into an asset purchase agreement dated March 23, 2026 (the “Definitive Agreement”) with Fairchild Gold Corp. (TSXV: FAIR) (“Fairchild”) to sell Emergent’s Golden Arrow Property (the “Property”) to Fairchild (the “Transaction”). The Property is an advanced-stage gold and silver exploration property co ...
OpenAI non-profit names leaders, plans to spend $1 billion this year, Bloomberg News reports
Reuters· 2026-03-24 15:56
OpenAI non-profit names leaders, plans to spend $1 billion this year, Bloomberg News reports | Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv March 24 (Reuters) - OpenAI is making several key hires to lead its non-profit arm and is planning to spend $1 billion in various AI-related investments this year through the non-profit unit, Bloomberg News reported on Tuesday. Sign up here. Reporting by Deborah Sophia in Bengaluru; Editing b ...
Apollo Private Credit Fund Is Latest To Gate Investors As KKR Fund Gets Junked By Moody's
ZeroHedge· 2026-03-24 01:50
Amid the ongoing fracturing of the private credit industry, which after enjoying years of stable, levered growth (and when it ran out of institutional greater fools, it aimed lower, toward HNWs and retail) finally hit a brick wall thanks to the Claude-inspired SaaSpocalypse, which has led to a historic surge in redemption requests across the biggest (and certainly smallest) names in the industry, last week we said that debt funds managed by powerhouse firms including Blackstone, BlackRock, Cliffwater, Morga ...
FSK Investors Have Opportunity to Join FS KKR Capital Corp. Fraud Investigation with the Schall Law Firm
Businesswire· 2026-03-21 20:38
Core Viewpoint - The Schall Law Firm is investigating FS KKR Capital Corp. for potential violations of securities laws, particularly focusing on misleading statements and undisclosed information that may have affected investors [1][2]. Group 1: Investigation Details - The investigation centers on FS KKR Capital Corp.'s significant dividend cut announced on February 26, 2026, attributed to "specific challenges associated with a few investments" [2]. - Following the announcement of the dividend cut, shares of FS KKR Capital Corp. experienced a decline of over 18.9% the next day [2]. Group 2: Investor Participation - Shareholders who have suffered losses due to the company's actions are encouraged to participate in the investigation [2]. - The Schall Law Firm offers free consultations for investors to discuss their rights regarding the situation [3].
'Greed Is Laid Bare': Hedge Fund Manager Reveals The Dark Side Of The Private Credit Crisis
Benzinga· 2026-03-20 17:22
Boaz Weinstein runs Saba Capital Management, a $5 billion hedge fund best known for picking fights with closed-end fund managers. Now he’s picking a bigger one. He’s tendering to buy shares in Blue Owl Capital Inc’s (NYSE:OWL) private credit BDC at 65 cents on the dollar.Blue Owl’s retail investors have been trying to cash out of the fund, but redemption requests are piling up faster than the fund can pay. Weinstein is stepping in with a lowball bid, betting that some investors would rather take 65 cents no ...
This High-Yield Lender Paying Nearly $0.50 Quarterly Has Plummeted 51%, but One Fund Just Made a Big Bet On It
Yahoo Finance· 2026-03-20 15:36
Diameter Capital Partners initiated a new position in FS KKR Capital Corp. (NYSE:FSK), acquiring 2,272,393 shares worth an estimated $33.65 million during the fourth quarter, according to a February 17, 2026, SEC filing. What happened According to its SEC filing dated February 17, 2026, Diameter Capital Partners reported a new holding in FS KKR Capital Corp, buying 2,272,393 shares during the fourth quarter. The net increase in position value at quarter-end was $33.65 million, reflecting both the purchas ...
8% Bonds: FSK KKR Beats ECC On Risk
Seeking Alpha· 2026-03-19 18:28
Core Viewpoint - The article emphasizes the importance of timely investment opportunities in fixed income markets, suggesting that waiting until after stocks and bonds have appreciated may lead to diminished returns for investors [1]. Group 1: Investment Strategy - The Conservative Income Portfolio focuses on generating income through two portfolios and a bond ladder, aiming for capital preservation while providing lower volatility income investing [2]. - The Covered Calls Portfolio is designed to offer lower volatility income investing, while the fixed income portfolio targets securities with high income potential and significant undervaluation compared to peers [2]. Group 2: Performance Metrics - The article mentions that achieving a 2.7% annual return in Eagle Point Credit Company Inc. (ECC) since inception should be viewed in the context of risk, rather than simply stating a positive return [2].
There Are BDCs Paying 14% to 27% Yields But Only A Few That Can Actually Sustain It
Yahoo Finance· 2026-03-16 15:30
wsf-s / Shutterstock.com · wsf-s / Shutterstock.com Quick Read FS KKR Capital (FSK) yields 26.5% after a 44% stock collapse, with net investment income falling from $937M to $701M and non-accrual loans at 2.9% of fair value. Stellus Capital (SCM) cut its monthly dividend 15% in January 2026 after posting a $21.8M net loss in Q4 2025 and trades at 0.67x book value. Trinity Capital (TRIN) yields 13.7% with growing net investment income of $199M in 2025 versus $164.8M in 2024, rising NAV per share, and onl ...
Truist Lowers its Price Target on FS KKR Capital Corp. (FSK) to $11 from $17 and Maintains a Hold Rating
Yahoo Finance· 2026-03-12 09:37
Core Viewpoint - FS KKR Capital Corp. (NYSE:FSK) is currently viewed as an oversold stock, with analysts lowering price targets following disappointing earnings reports and challenges in its investment portfolio [1][2][3]. Group 1: Analyst Ratings and Price Targets - Truist analyst Arren Cyganovich reduced the price target for FS KKR Capital Corp. to $11 from $17, maintaining a Hold rating due to expected reductions in net interest income linked to increased non-accrual loans [2]. - B. Riley also lowered its price target for FS KKR Capital Corp. to $11 from $17.50, keeping a Neutral rating, citing consistent portfolio headwinds as a concern [3]. Group 2: Financial Performance - FS KKR Capital Corp. reported Q4 adjusted net investment income of $0.52, which was below the consensus estimate of $0.54. The net asset value per share decreased to $20.89 from $21.99 as of September 30, 2025, and $23.64 as of December 31, 2024 [4]. - CEO Michael Forman acknowledged specific challenges with certain investments that negatively impacted results during the second and fourth quarters, emphasizing the investment team's focus on stabilizing these positions while pursuing new opportunities [4]. Group 3: Company Overview - FS KKR Capital Corp. is a business development company that primarily invests in senior secured and, to a lesser extent, subordinated debt of private middle market companies in the United States [5].