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. 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.
FSK KKR Capital Corp. (NYSE: FSK) reported its financial results for Q2 2022, showing a net investment income of $0.71 per share, down from $0.77 in Q1 2022. The net asset value decreased to $26.41 from $27.33 per share. FSK declared a third-quarter distribution of $0.67 per share, including a base distribution of $0.61. The total fair value of investments was $16.2 billion, with a weighted average yield on debt investments of 9.9% compared to 8.9% previously. The company’s debt to equity ratio stood at 115%, a slight increase from 112%.
FS KKR Capital Corp. (NYSE: FSK) will release its second quarter 2022 results on August 8, 2022, after market close. A conference call to discuss these results is scheduled for August 9, 2022, at 9:00 a.m. ET. Interested participants can register in advance to access the call. An investor presentation will be available on FSK's website post-results. As a business development company, FSK focuses on customized credit solutions primarily for private middle-market U.S. companies, investing chiefly in senior secured debt.
FS KKR Capital Corp. (NYSE: FSK) announced its Q1 2022 results, reporting a net investment income of $0.77 per share, up from $0.66 in Q4 2021. The board declared a cash distribution of $0.68 per share for Q2 2022, payable on July 5, 2022, to stockholders on record by June 15, 2022. As of March 31, 2022, the company's net asset value increased to $27.33 per share, while total investments rose to $16.6 billion. The net debt-to-equity ratio stood at 112%, highlighting a robust financial position.
FS KKR Capital Corp. (NYSE: FSK) will release its first quarter 2022 results on May 9, 2022, after the market closes. A conference call is scheduled for May 10, 2022, at 9:00 a.m. ET to discuss these results, accessible via phone and webcast. An investor presentation will be available on FSK's website post the earnings release. FSK focuses on providing customized credit solutions to private middle market U.S. companies, primarily investing in senior secured and subordinated debt.
FS KKR Capital Corp. (NYSE: FSK) announced that Daniel Pietrzak, Co-President and Chief Investment Officer, will participate in a BDC panel at the 2022 RBC Capital Markets Global Financial Institutions Conference on March 8, 2022, at 2:00 PM ET. A live audio webcast will be accessible through FSK's Investor Relations website under Events. FSK primarily invests in senior secured and subordinated debt of private middle market U.S. companies.
FS KKR Capital Corp. (FSK) reported its financial results for Q4 and full-year 2021, highlighting a net investment income of $0.66 per share and a net asset value of $27.17 per share. The company declared a cash distribution of $0.63 per share for Q1 2022, payable on April 4, 2022. FSK achieved a total net realized and unrealized gain of $4.40 per share for 2021, marking a significant improvement from a loss in 2020. The firm also increased its fair value of investments to $16.1 billion, with 71% in senior secured securities and an 8.6% rise in net asset value over the year.
FS KKR Capital Corp. (NYSE: FSK) plans to release its fourth quarter and full year 2021 results on February 28, 2022, after market close. A conference call to discuss these results will take place on March 1, 2022, at 9:00 a.m. ET. Interested participants can join by dialing (833) 818-6808 with conference ID 6349774. The call will also be accessible via webcast from FSK's website. An investor presentation will be available post-market close on February 28. FSK focuses on providing customized credit solutions to private middle market U.S. companies.
FS KKR Capital Corp. (NYSE: FSK) announced the successful completion of its $500 million offering of 3.250% unsecured notes due 2027. The offering was managed by multiple financial institutions, including BofA Securities and J.P. Morgan. The net proceeds will be used for general corporate purposes, primarily to repay existing indebtedness. This move aims to strengthen FSK’s financial position, allowing for enhanced flexibility in managing debt obligations.
FS KKR Capital Corp. (NYSE: FSK) has announced a public offering of $500,000,000 in 3.250% unsecured notes due 2027. The offering is expected to close on January 18, 2022. Proceeds from the offering will be used for general corporate purposes, including potentially repaying outstanding debt. The notes can be redeemed at par one month before maturity and may be subject to a 'make-whole' premium. Various financial institutions are acting as joint book-running and lead managers for this offering.
FS KKR Capital Corp. (FSK) reported a net investment income of $201 million or $0.71 per share for Q3 2021, down from $0.77 in Q2. The net asset value (NAV) increased to $27.14 per share, up 1.1% from $26.84. Total purchases for the quarter were $2.8 billion, significantly exceeding sales of $1.8 billion. The company declared a $0.62 per share dividend for Q4, exceeding initial expectations. Despite a robust liquidity position with $1.25 billion in unsecured notes issued, the annual yield on accruing debt investments fell to 9.1%.