Leverage notice | FS KKR Capital Corp. II

Leverage notice | FS KKR Capital Corp. II

Notice Pursuant to Section 61(a)(2)

On June 18, 2020, FS KKR Capital Corp. II (the “Company”) held its reconvened annual meeting of stockholders, at which the stockholders of the Company approved the application of the reduced asset coverage requirements set forth in Section 61(a)(2) of the Investment Company Act of 1940, as amended by the Small Business Credit Availability Act, to the Company. Commencing on June 19, 2020, the Company will be required to maintain asset coverage for its senior securities of 150% (i.e., $2 of debt for investment purposes outstanding for each $1 of investor equity) rather than 200% (i.e., $1 of debt for investment purposes outstanding for each $1 of investor equity), which would permit the Company to increase the maximum amount of leverage that it is permitted to incur.

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