Welcome to our dedicated page for Fs Kkr Cap news (Ticker: FSK), a resource for investors and traders seeking the latest updates and insights on Fs Kkr Cap stock.
FS KKR Capital Corp. (NYSE: FSK) is a publicly traded business development company that reports detailed financial and operating results on a regular basis. As an externally managed, closed-end investment company focused on customized credit solutions for private middle market U.S. companies, FSK generates frequent news related to its investment portfolio, earnings, distributions and capital markets activity.
News coverage for FSK commonly includes quarterly and annual results, where the company discusses net investment income, adjusted net investment income, earnings per share, net asset value per share, portfolio fair value and non-accrual levels. These updates often highlight the mix of senior secured loans, subordinated debt, asset-based finance positions, joint venture interests and equity or other investments that make up the portfolio, as well as the proportion of variable versus fixed rate debt investments.
Investors following FSK’s news can also track announcements about regular cash distributions, which have been described as consisting of a base and supplemental component per share, subject to board approval and legal requirements. Press releases explain how distributions fit within the company’s broader objectives as a regulated investment company that must distribute a high percentage of its investment taxable income.
FSK’s news flow further includes capital structure developments such as the pricing and completion of public offerings of senior unsecured notes, amendments to senior secured revolving credit facilities, and the execution of term debt securitizations through special purpose subsidiaries. Regulatory filings and press releases describe the terms of these financings, including interest rates, maturities, ranking in the capital structure and intended use of proceeds.
By reviewing the FSK news page, readers can see how the company communicates with the market through earnings releases, conference call announcements, distribution declarations, rating actions on its debt securities and updates on structured finance transactions. This ongoing stream of information helps market participants understand how FS KKR Capital Corp. manages its middle market credit portfolio, funding mix and distributions over time.
FS KKR Capital Corp. (NYSE: FSK) has scheduled its first quarter 2025 earnings release and conference call. The company will release Q1 2025 results after NYSE trading closes on Wednesday, May 7, 2025. A conference call and live webcast will follow on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time.
The earnings webcast will be accessible through FSK's website investor relations section and a specific URL provided. Research analysts are required to register in advance or at least 15 minutes before the call. An investor presentation will be available on the company's website after market close on May 7, and a replay of the call will be accessible through FSK's website afterward.
FS KKR Capital Corp. (FSK) has announced its Q4 and full-year 2024 results, along with declaring a Q1 2025 distribution of $0.70 per share. The Q4 results show net investment income of $0.61 per share, down from $0.77 in Q3 2024. The company's net asset value decreased to $23.64 per share from $23.82 in Q3 2024.
For the full year 2024, FSK reported net investment income of $2.90 per share compared to $3.18 in 2023. The investment portfolio totaled $13.5 billion, with 63.8% invested in senior secured securities. The weighted average annual yield on accruing debt investments was 11.3%, down from 11.9% in Q3 2024.
The company maintains a strong liquidity position with $4.8 billion available and a net debt to equity ratio of 104%. Non-accrual investments represented 2.2% of the portfolio at fair value, up from 1.7% in Q3 2024.
FS KKR Capital Corp. (NYSE: FSK) has scheduled its fourth quarter and full year 2024 earnings release for Wednesday, February 26, 2025, after the NYSE market close. The company will host a conference call and live webcast to discuss the results on Thursday, February 27, 2025, at 9:00 a.m. Eastern Time.
The earnings webcast will be accessible through FSK's website investor relations section and a dedicated URL. Research analysts planning to participate must register in advance or at least 15 minutes before the call's start. An investor presentation will be available on the company's website after market close on February 26, and a replay of the call will be accessible through FSK's website afterward.
FS KKR Capital Corp (NYSE: FSK) has completed a public offering of $100 million in 6.125% unsecured notes due 2030. This issuance is an addition to the previously issued $600 million of 6.125% notes from November 20, 2024, bringing the total series to $700 million. The offering was managed by multiple financial institutions, including BofA Securities, BMO Capital Markets, J.P. Morgan Securities, KKR Capital Markets, SMBC Nikko Securities America, and Truist Securities. FSK plans to use the proceeds for general corporate purposes, which may include repaying existing debt under credit facilities and certain notes.
FS KKR Capital Corp. (NYSE: FSK) has priced a $100 million public offering of 6.125% unsecured notes due 2030. The notes will mature on January 15, 2030, with an option for early redemption at par one month before maturity or at any time with a make-whole premium. The offering is expected to close on December 27, 2024.
The company plans to use the net proceeds for general corporate purposes, including potential repayment of outstanding indebtedness under credit facilities and certain notes. The offering is being managed by multiple joint book-running managers, including BofA Securities, BMO Capital Markets, J.P. Morgan Securities, KKR Capital Markets, SMBC Nikko Securities America, and Truist Securities.
FS KKR Capital Corp. (NYSE: FSK) has successfully completed its previously announced offering of $600 million in aggregate principal amount of 6.125% unsecured notes due 2030. The offering involved multiple financial institutions as joint book-running managers, joint lead managers, and co-managers. FSK plans to use the net proceeds for general corporate purposes, including potential repayment of outstanding indebtedness under credit facilities and certain notes.
FS KKR Capital Corp. (NYSE: FSK) has priced a public offering of $600 million in aggregate principal amount of its 6.125% unsecured notes due 2030. The notes will mature on January 15, 2030, and may be redeemed at par plus a make-whole premium at FSK's option. The offering is expected to close on November 20, 2024, subject to customary closing conditions.
Book-running managers for this offering include BofA Securities, J.P. Morgan Securities, and KKR Capital Markets, among others. The net proceeds are intended for general corporate purposes, including potentially repaying outstanding indebtedness.
Investors are advised to review the pricing term sheet, preliminary prospectus supplement, and accompanying prospectus filed with the SEC for detailed information. These documents can be accessed via the SEC's EDGAR website or by contacting participating underwriters.
FS KKR Capital Corp (FSK) reported its Q3 2024 financial results with net investment income of $0.77 per share, unchanged from Q2 2024. The company's net asset value slightly decreased to $23.82 per share from $23.95. Total purchases were $1,136 million versus $1,321 million in sales and repayments. The board declared a Q4 2024 distribution of $0.70 per share. The portfolio's total fair value was $13.9 billion, with 67% invested in senior secured securities. The weighted average annual yield on accruing debt investments was 11.9%, down from 12.3% in Q2. Non-accrual investments improved to 1.7% of the portfolio at fair value.
FS KKR Capital Corp. (NYSE: FSK) has announced its plans to release third quarter 2024 results after the NYSE closes on November 6, 2024. The company will host a conference call on November 7, 2024, at 9:00 a.m. ET to discuss these results. FSK's board has also declared a fourth quarter 2024 distribution of $0.70 per share, comprising a base distribution of $0.64 and a supplemental distribution of $0.06. This distribution will be paid around December 18, 2024, to stockholders of record as of December 4, 2024.
Interested parties can join the conference call via phone or webcast. An investor presentation will be available on FSK's website after market close on November 6. A replay of the call will also be accessible on the company's website.
FS KKR Capital Corp. (NYSE: FSK) announced its Q2 2024 results and declared a Q3 2024 distribution of $0.70 per share. Key highlights include:
- Net investment income of $0.77 per share
- Adjusted net investment income of $0.75 per share
- Net asset value of $23.95 per share
- Total net realized and unrealized loss of $0.39 per share
- Earnings per Share of $0.37
- Total purchases of $1,260 million vs $1,336 million of sales and repayments
- Net debt to equity ratio at 109%
The company's total fair value of investments was $14.1 billion, with 66% invested in senior secured securities. The weighted average annual yield on accruing debt investments was 12.3%. FSK's board expects to distribute a minimum of $2.90 per share during 2024.