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) provides essential credit solutions to middle market companies through secured lending and customized financing. This news hub offers investors and financial professionals timely updates on corporate developments, portfolio changes, and market positioning.
Access comprehensive coverage of earnings announcements, regulatory filings, and strategic initiatives. Our curated news collection features official press releases, debt financing updates, and leadership changes affecting FSK investment landscape.
Track key developments including senior loan portfolio updates, dividend declarations, and partnership announcements. Stay informed about FSK's middle market lending activities, risk management practices, and compliance with BDC regulations through verified financial reporting.
Bookmark this page for continuous access to FSK's evolving role in private credit markets. Combine strategic insights with operational updates to monitor this business development company's performance in changing economic conditions.
On May 31, 2024, FS KKR Capital Corp. (NYSE: FSK) announced a $600 million public offering of 6.875% unsecured notes due 2029. The notes are set to mature on August 15, 2029, and can be redeemed at par one month prior to maturity, or earlier with a 'make-whole' premium. The offering, managed by several leading financial institutions, is expected to close on June 6, 2024. FSK plans to use the net proceeds for general corporate purposes, including repaying existing debts. This announcement is part of a broader strategy to manage their financial structure and obligations.
FS KKR Capital Corp. announced its financial results for the quarter ended March 31, 2024, with a second-quarter distribution of $0.70 per share, totaling $0.75 per share including a special distribution. The company reported net investment income of $0.76 per share, net asset value of $24.32 per share, and earnings per share of $0.62. FSK's board declared a cash distribution for the second quarter and highlighted a total fair value of investments at $14.2 billion as of March 31, 2024.