FSK Completes Public Offering of $100 million 6.125% Unsecured Notes Due 2030

Core Viewpoint - FS KKR Capital Corp. has successfully completed an offering of an additional $100 million in 6.125% notes due 2030, increasing the total amount of this series to $700 million [1]. Group 1: 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 [10]. - The company primarily invests in senior secured debt and, to a lesser extent, subordinated debt of private middle market companies [10]. - FS KKR is advised by FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit [11]. Group 2: Financial Details - The recent offering of notes adds to the previously issued $600 million of the same notes, which were issued on November 20, 2024 [1]. - The total outstanding principal amount of the 6.125% notes due 2030 is now $700 million following this additional issuance [1]. - The net proceeds from this offering are intended for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes [9]. Group 3: Investment Management - FS Investments, the parent company, manages over $83 billion in assets for a diverse range of clients, including institutional investors and individual investors [3]. - The firm provides access to a broad suite of alternative asset classes and strategies through its investment teams and partners [3]. - KKR, as a strategic partner, aims to generate attractive investment returns through a disciplined investment approach and supports growth in its portfolio companies [6].