FSK Announces Successful Completion of $100 Million Unsecured Notes Offering for 2030

FS KKR Capital Corp. Completes Public Offering of Unsecured Notes

FS KKR Capital Corp. (NYSE: FSK), a prominent business development company, has announced the successful completion of its additional public offering of unsecured notes amounting to $100 million. This strategic move, unveiled on December 27, 2024, is designed to bolster the company's total issuance to a substantial $700 million. The notes in question, with a fixed interest rate of 6.125%, are set to mature in 2030.

The newly issued notes are part of an existing series which initially included a previous offering of $600 million announced in November 2024. The integration of these two offerings into a single series exemplifies FSK's proactive approach to capital management and investment strategy.

This offering was orchestrated with the assistance of several esteemed financial institutions that acted as joint book-running managers. These included BofA Securities, BMO Capital Markets, J.P. Morgan Securities, among others, showcasing the broad interest and confidence from major market players in FSK’s credit solutions.

The net proceeds from this offering will be directed towards general corporate purposes. Specifically, FSK intends to use these funds to potentially pay down outstanding debt incurred from its credit facilities and certain existing notes. This step not only aims to strengthen FSK's financial health but also to provide greater flexibility in its investment strategies moving forward.

FSK is recognized for its commitment to delivering customized credit solutions primarily aimed at middle-market companies in the U.S. Its investment philosophy focuses on senior secured debt while also considering subordinated debt opportunities, thereby balancing risk and potential return.

The company operates under the guidance of FS/KKR Advisor, LLC, a strategic partnership between FS Investments and KKR Credit. This advisory team plays a pivotal role in leveraging robust market insights to enhance FSK's investment portfolio.

With over $83 billion in assets under management, FS Investments specializes in innovative alternative asset strategies designed to optimize returns for a diverse client base that includes institutional investors and individual clients.

KKR, known internationally for its expertise in alternative asset management and capital solutions, actively participates in enhancing the value of its portfolio companies through strategic investments and disciplined management approaches. KKR's affiliation further strengthens FSK’s commitment to quality and performance.

Despite the potential uncertainties that come with market fluctuations and economic conditions, FSK has underscored its resolute dedication to transparency and proactive communication with its stakeholders. The company regularly updates its investors and the market on its operational performance through necessary disclosures.

In conclusion, the successful completion of this public offering marks a significant milestone for FS KKR Capital Corp. as it affirms its robust position in the market and its ongoing commitment to providing tailored financial solutions for its clients. The funds raised through these unsecured notes will undoubtedly enhance FSK's capabilities to navigate future economic landscapes while continuing to support the growth of middle-market enterprises across the United States.

For further details regarding this offering or inquiries, stakeholders can reach out to FS Investments' investor relations communication team.