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FSK Completes Public Offering of $400,000,000 6.125% Unsecured Notes Due 2031
FS KKR Capital FS KKR Capital (US:FSK) Prnewswireยท2025-09-25 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].