FSK | FS KKR Capital Corp.

The merger of FSK and FSKR provides portfolio diversification and unlocks capital for future growth.

FSK | FS KKR Capital Corp.

The merger of FSK and FSKR provides portfolio diversification and unlocks capital for future growth.

FS/KKR Advisor, LLC manages FS KKR Capital Corp. (NYSE: FSK), publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. We seek to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies to achieve the best risk-adjusted returns for our investors.

Watch

FS KKR Capital Corp. rings the Opening Bell at the NYSE

Key facts

Distribution frequency1

Quarterly

Inception date

9/18/2008

Listing date

4/16/2014

Merger date

6/16/2021

1 The timing and amount of any future distributions on FSK’s shares of common stock are subject to applicable legal restrictions and the sole discretion of its board of directors. There can be no assurance as to the amount or timing of any such future distributions.


Portfolio

as of March 31, 2021, and based on fair value unless otherwise noted

152

Portfolio companies1

23%

Fair value in top 10 portfolio companies2

87%

Of debt investments are floating rate3

8.6%

Weighted average annual yield  on accruing debt investments4

64%

Of investments in senior secured debt4

$74M / 5.7x

Median portfolio company EBITDA & leverage

3.6%

Non-accrual rate

>95%

Lead, co-lead or sole lender5


Stock information



News

June 16, 2021

FS/KKR Advisor, LLC Announces Closing of Merger of FSK and FSKR

FS/KKR Advisor, LLC (FS/KKR) announced the completion of the merger between FS KKR Capital Corp. (NYSE: FSK) and FS KKR Capital Corp. II (NYSE: FSKR). The combined company will operate as FS KKR Capital Corp. and continue to trade on the New York Stock Exchange under the ticker “FSK.”
June 9, 2021

FSK Prices Public Offering of $400,000,000 2.625% Notes Due 2027

FS KKR Capital Corp. announced that it has priced an underwritten public offering of $400,000,000 in aggregate principal amount of its 2.625% unsecured notes due 2027.
May 24, 2021

Announcing the Merger of FS KKR Capital Corp. and FS KKR Capital Corp. II

FS KKR Capital Corp. and FS KKR Capital Corp. II shareholders voted to approve all proposals related to the merger of FSK and FSKR.

  • Does not look through to FSK’s portfolio companies held solely in Strategic Credit Opportunities Partners, LLC (SCJV).

  • Figure excludes the impact of FSK’s investment in SCJV.

  • See FSK’s quarterly report on Form 10-K for its definition of debt investments.

  • See FSK’s quarterly report on Form 10-K for additional information on the calculation of weighted average annual yield on accruing debt investments.

  • Figure based on count of Direct Origination investments only. KKR & BDC accounts’ participation, KKR Capital Markets’ involvement, and deal teams leading the negotiations / structuring are all considered when determining the Origination Role.