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FS KKR Capital: 30% Below NAV, ~19% Yield, But Is It A Buy? (NYSE:FSK)
Seeking Alpha· 2025-10-09 20:58
Core Insights - The article highlights the extensive experience of Roberts Berzins in financial management, particularly in shaping financial strategies for top-tier corporates and executing large-scale financings [1] - It emphasizes Berzins' contributions to institutionalizing the REIT framework in Latvia, aimed at enhancing the liquidity of pan-Baltic capital markets [1] - The article also notes Berzins' involvement in developing national SOE financing guidelines and frameworks to channel private capital into affordable housing [1] Group 1 - Roberts Berzins has over a decade of experience in financial management, assisting corporates with financial strategies and large-scale financings [1] - Significant efforts have been made by Berzins to institutionalize the REIT framework in Latvia, which is expected to boost liquidity in the pan-Baltic capital markets [1] - Berzins has contributed to policy-level work, including the development of national SOE financing guidelines and frameworks for private capital in affordable housing [1] Group 2 - Berzins is a CFA Charterholder and holds an ESG investing certificate, indicating a strong foundation in investment principles and sustainable investing [1] - He has experience from an internship at the Chicago Board of Trade, despite being based in Latvia, showcasing a diverse background in financial markets [1] - Berzins is actively engaged in thought-leadership activities to support the development of pan-Baltic capital markets [1]
FS KKR Capital: 30% Below NAV, ~19% Yield, But Is It A Buy?
Seeking Alpha· 2025-10-09 20:58
Group 1 - Roberts Berzins has over a decade of experience in financial management, assisting top-tier corporates in shaping financial strategies and executing large-scale financings [1] - Significant efforts have been made to institutionalize the REIT framework in Latvia to enhance the liquidity of pan-Baltic capital markets [1] - Development of national SOE financing guidelines and frameworks for channeling private capital into affordable housing stock has been a focus [1] - Roberts is a CFA Charterholder and holds an ESG investing certificate, with experience from an internship at the Chicago Board of Trade [1] - Active involvement in "thought-leadership" activities supports the development of pan-Baltic capital markets [1]
Bottom-Picking BDCs - Part 1: FS KKR Capital Stock (NYSE:FSK)
Seeking Alpha· 2025-10-09 08:30
Group 1 - The article discusses the features of the investing group Trade With Beta, which includes frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1] - The service offers a chat room for discussion among sophisticated traders and investors, allowing for real-time engagement and idea sharing [1] - The analyst has a beneficial long position in the shares of FSK, indicating a personal investment interest in the stock mentioned [1] Group 2 - The article emphasizes that past performance is not a guarantee of future results, highlighting the inherent uncertainties in investment outcomes [2] - It clarifies that no specific investment recommendations are being made, and opinions expressed may not reflect the views of Seeking Alpha as a whole [2] - The analysts contributing to the article may not be licensed or certified by any regulatory body, indicating a diverse range of perspectives [2]
Bottom-Picking BDCs - Part 1: FS KKR Capital
Seeking Alpha· 2025-10-09 08:30
Group 1 - The article discusses the features of the investing group Trade With Beta, which includes frequent picks for mispriced preferred stocks and baby bonds, weekly reviews of over 1200 equities, IPO previews, hedging strategies, and an actively managed portfolio [1] - The service offers a chat room for discussion among sophisticated traders and investors, allowing for real-time engagement and idea sharing [1] - The analyst has a beneficial long position in the shares of FSK, indicating a personal investment interest in the stock mentioned [1]
Porsche share price at risk as China sales plummet
Invezz· 2025-10-09 08:16
Core Viewpoint - Porsche's share price is experiencing a significant bearish trend, currently near its all-time low due to declining demand [1] Company Summary - The current share price of Porsche is €42.7, which is slightly above its record low of €38.42 [1]
FS KKR Capital (FSK) - 2025 Q3 - Quarterly Results
2025-11-05 21:22
[FORM 8-K Filing Information](index=1&type=section&id=FORM%208-K%20Filing%20Information) This section details the registrant's identity and stock exchange listing [Registrant Details](index=1&type=section&id=Registrant%20Details) FS KKR Capital Corp. is identified as the registrant, a Maryland corporation, with common stock traded on the New York Stock Exchange under FSK - Registrant: **FS KKR Capital Corp.**[1](index=1&type=chunk) - State of Incorporation: **Maryland**[1](index=1&type=chunk) | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | :------------------ | :---------------- | :---------------------------------------- | | Common stock | FSK | New York Stock Exchange | [Item 2.02. Results of Operations and Financial Condition](index=3&type=section&id=Item%202.02.%20Results%20of%20Operations%20and%20Financial%20Condition) This item announces the upcoming conference call for third quarter 2025 financial results [Third Quarter 2025 Earnings Call Announcement](index=3&type=section&id=Third%20Quarter%202025%20Earnings%20Call%20Announcement) FS KKR Capital Corp. announced it will host a conference call to discuss its third quarter 2025 results on Thursday, November 6, 2025 - Conference Call Date: **Thursday, November 6, 2025**[4](index=4&type=chunk) - Conference Call Time: **9:00 a.m. (Eastern Time)**[4](index=4&type=chunk) - Purpose: Discuss third quarter 2025 results[4](index=4&type=chunk) [Item 7.01. Regulation FD Disclosure](index=3&type=section&id=Item%207.01.%20Regulation%20FD%20Disclosure) This item discloses the declared cash distribution and the availability of an investor presentation [Cash Distribution Declaration](index=3&type=section&id=Cash%20Distribution%20Declaration) The Company announced a cash distribution of $0.70 per share, payable in December 2025 to stockholders of record in early December 2025 | Metric | Value | | :-------------------------- | :--------------------- | | Cash Distribution per Share | $0.70 | | Payment Date | On or about Dec 17, 2025 | | Record Date | Dec 3, 2025 | [Investor Presentation Availability](index=3&type=section&id=Investor%20Presentation%20Availability) A presentation containing financial and operating information will be made available on the Company's website prior to the November 6, 2025 conference call - A presentation with financial and operating information will be available on the Company's website (www.fskkradvisor.com/fsk) under 'Events & Presentations' before the November 6, 2025 conference call[7](index=7&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This section provides a disclaimer regarding forward-looking statements and outlines potential risk factors [Disclaimer and Risk Factors](index=3&type=section&id=Disclaimer%20and%20Risk%20Factors) This section includes standard forward-looking statements, identified by terms like 'believes' and 'expects,' which are subject to inherent uncertainties - The report contains forward-looking statements, identified by words such as 'believes,' 'expects,' and 'projects,' which are subject to inherent uncertainties[8](index=8&type=chunk) - Actual results could differ materially due to factors including changes in the economy, risks from terrorism, natural disasters or pandemics, future changes in laws or regulations, and stock price fluctuations[8](index=8&type=chunk) - The Company undertakes no obligation to update or revise any forward-looking statements[8](index=8&type=chunk) [Item 9.01. Financial Statements and Exhibits](index=3&type=section&id=Item%209.01.%20Financial%20Statements%20and%20Exhibits) This item lists the exhibits filed with the report, specifically a press release [Exhibits List](index=3&type=section&id=Exhibits%20List) This item lists Exhibit 99.1, which is a Press Release dated October 8, 2025, incorporated by reference | Exhibit Number | Description | | :------------- | :-------------------------- | | 99.1 | Press Release, dated Oct 8, 2025 | [SIGNATURE](index=4&type=section&id=SIGNATURE) This section confirms the official authorization and signing of the report by the company's General Counsel [Report Authorization](index=4&type=section&id=Report%20Authorization) The report was duly signed on behalf of FS KKR Capital Corp. by Stephen Sypherd, General Counsel, on October 8, 2025, pursuant to the Securities Exchange Act of 1934 - The report was signed by Stephen Sypherd, General Counsel of FS KKR Capital Corp., on **October 8, 2025**[11](index=11&type=chunk)[12](index=12&type=chunk) [EXHIBIT INDEX](index=5&type=section&id=EXHIBIT%20INDEX) This section provides a comprehensive listing of all exhibits accompanying the filing [Detailed Exhibit Listing](index=5&type=section&id=Detailed%20Exhibit%20Listing) This section provides a detailed index of the exhibits filed with the report, specifically Exhibit 99.1, the Press Release dated October 8, 2025 | Exhibit Number | Description | | :------------- | :-------------------------- | | 99.1 | Press Release, dated Oct 8, 2025 |
FSK Announces Earnings Release and Conference Call Schedule for Third Quarter 2025; Declares Fourth Quarter 2025 Distribution of $0.70 per share
Prnewswire· 2025-10-08 20:15
Research analysts who wish to participate in the conference call are requested to register a day in advance or at a minimum 15 minutes before the start of the call using the following URL: https://register.vevent.com/register/BId48596b4c82440e48cc3c575f06d7b1a. Upon registration, all telephone participants will receive a confirmation email detailing how to join the conference call, including the dial-in number along with a unique PIN number that can be used to access the call. An investor presentation of fi ...
FSK Completes Public Offering of $400,000,000 6.125% Unsecured Notes Due 2031
Prnewswire· 2025-09-25 20:30
Core Viewpoint - FS KKR Capital Corp. has successfully completed an offering of $400 million in unsecured notes with a 6.125% interest rate due in 2031, aimed at enhancing its financial flexibility and supporting general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $400,000,000 in aggregate principal amount of unsecured notes due 2031 [1]. - The notes carry an interest rate of 6.125% [1]. - A consortium of financial institutions, including BofA Securities and J.P. Morgan, acted as joint book-running managers for the offering [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, which may include repaying outstanding indebtedness under credit facilities and certain notes [2]. Group 3: Company Overview - FS KKR Capital Corp. is a publicly traded business development company (BDC) that focuses on providing customized credit solutions to private middle-market U.S. companies [3]. - The company primarily invests in senior secured debt and, to a lesser extent, subordinated debt of private middle-market companies [3]. - FS KKR Capital Corp. is advised by FS/KKR Advisor, LLC, a partnership between Future Standard and KKR Credit [4]. Group 4: Parent Company Information - Future Standard is a global alternative asset manager with over $86 billion in assets under management, focusing on private equity, credit, and real estate investments [5]. - KKR is a leading global investment firm that offers alternative asset management and capital markets solutions, aiming to generate attractive investment returns through a disciplined investment approach [6].
FSK Prices Public Offering of $400,000,000 6.125% Unsecured Notes Due 2031
Prnewswire· 2025-09-19 12:00
Core Viewpoint - FS KKR Capital Corp. has announced a public offering of $400 million in unsecured notes with a 6.125% interest rate, maturing on January 15, 2031, and is expected to close on September 25, 2025 [1][3]. Group 1: Offering Details - The offering consists of $400 million in aggregate principal amount of unsecured notes due 2031 [1]. - The notes may be redeemed at par plus a "make-whole" premium at any time at the company's option, with the ability to redeem at par one month prior to maturity [1]. - The offering is subject to customary closing conditions and is expected to close on September 25, 2025 [1]. Group 2: Use of Proceeds - The net proceeds from this offering will be used for general corporate purposes, which may include repaying outstanding indebtedness under credit facilities and certain notes [3]. Group 3: Underwriters - A consortium of financial institutions is involved in the offering, including BofA Securities, BMO Capital Markets, J.P. Morgan, and others acting as joint book-running managers [2]. - Additional firms are serving as joint lead managers and co-managers for the offering [2]. Group 4: Company Background - FS KKR Capital Corp. is a publicly traded business development company focused on providing customized credit solutions to private middle market U.S. companies [7]. - The company primarily invests in senior secured debt and, to a lesser extent, subordinated debt of private middle market companies [7]. Group 5: Advisory Information - FS KKR Capital Corp. is advised by FS/KKR Advisor, LLC, a partnership between Future Standard and KKR Credit [8]. - Future Standard is a global alternative asset manager with over $86 billion in assets under management [9]. - KKR is a leading global investment firm that offers alternative asset management and capital markets solutions [10].
FSK KKR Capital: A Dividend Cut May Be Closer Than I Anticipated
Seeking Alpha· 2025-09-18 10:50
Group 1 - The recent weaker jobs report indicates a likelihood of multiple rate cuts by the end of the year [1] Group 2 - The article emphasizes the importance of due diligence for investors and encourages building portfolios of high-quality, dividend-paying companies [2] - The author expresses a long-term investment strategy focused on quality over quantity, aiming to supplement retirement income through dividends [2]