FS KKR Capital Corp. reports recurring developments as a publicly traded business development company that provides customized credit solutions to private middle market U.S. companies. The company seeks current income and, to a lesser extent, long-term capital appreciation through investments primarily in senior secured debt and, to a lesser extent, subordinated debt and other private-company credit investments.
News about FSK commonly covers quarterly and annual operating results, net asset value commentary, portfolio yield and credit metrics, board-declared distributions, and earnings call schedules. Updates also reference the company's external advisory relationship with FS/KKR Advisor, LLC, a partnership between Future Standard and KKR Credit.
FS KKR Capital Corp. (NYSE: FSK) has scheduled its second quarter 2025 earnings release and conference call. The company will release Q2 2025 results after market close on Wednesday, August 6, 2025.
The earnings conference call will be held via webcast on Thursday, August 7, 2025, at 9:00 a.m. ET. Research analysts must pre-register at least 15 minutes before the call. An investor presentation will be available on FSK's website after market close on August 6, and a replay will be accessible in the Investor Relations section after the call.
Net investment income increased to $0.67 per share from $0.61 in Q4 2024, while adjusted net investment income slightly decreased to $0.65 per share from $0.66. Net asset value declined to $23.37 per share from $23.64.
The company's portfolio reached $14.1 billion in fair value, with 63.3% invested in senior secured securities. Total purchases were $1,998 million versus $1,407 million in sales and repayments. The weighted average yield on accruing debt investments was 11.0%, down from 11.3% in Q4 2024.
FSK maintained its quarterly distribution structure with a $0.64 base and $0.06 supplemental distribution. The net debt to equity ratio increased to 114% from 104%, with investments on non-accrual status representing 2.1% of the portfolio at fair value.
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.