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) reported its financial results for Q3 2020, highlighting a net investment income of $0.63 per share, down from $0.89 per share in Q3 2019. The company announced a fourth quarter distribution of $0.60 per share, payable on January 5, 2021. Total fair value of investments decreased to $6.649 billion from $7.357 billion year-over-year. However, a total net gain of $1.06 per share was noted compared to a loss in the same quarter last year. The net asset value per share rose 4.7% to $24.46.
FS KKR Capital Corp. II (NYSE: FSKR) reported strong financial results for Q3 2020, with net investment income rising to $0.52 per share from $0.44 in the previous quarter. The company announced a cash distribution of $0.55 per share for Q4 2020. Net asset value increased to $24.66 per share, reflecting a 1.8% rise. Total investment income reached $172 million, while total fair value of investments stood at $7.3 billion. FSKR successfully closed approximately $743 million in new investments since July, indicating positive growth prospects.
FS KKR Capital Corp. (NYSE: FSK) will release its third quarter 2020 results after the market closes on November 9, 2020. A conference call is scheduled for 8:00 a.m. ET on November 10, 2020, to discuss the results, accessible via phone and webcast. Financial information will be presented on the corporate website after the earnings release. FS KKR specializes in providing credit solutions to U.S. middle market companies, with approximately $15 billion in assets under management as of June 30, 2020.
FS KKR Capital Corp. II (NYSE: FSKR) will release its third quarter 2020 results after trading closes on November 9, 2020. A conference call is scheduled for November 10, 2020, at 10:00 a.m. (Eastern Time) to discuss these results. Investors can participate via phone or through a webcast available on FSKR's Investor Relations website. An investor presentation will also be accessible on the same date. FSKR is focused on providing customized credit solutions to private middle market companies and is managed by FS/KKR Advisor, LLC, with approximately $15 billion in assets under management as of June 30, 2020.
FS KKR Capital Corp. (FSK) reported its financial results for the second quarter of 2020, showing a net investment income of $0.62 per share, down from $0.77 in Q2 2019. Total net realized and unrealized losses were $1.08 per share, a stark contrast to no changes in the previous year. The company declared a third-quarter cash distribution of $0.60 per share and completed a 4-for-1 reverse stock split. As of June 30, 2020, net asset value was $23.37 per share, down from $24.36 in March 2020. Total fair value of investments decreased to $6.6 billion.
FS KKR Capital Corp. II (NYSE: FSKR) will release its second quarter 2020 results after the market closes on August 10, 2020. A conference call to discuss these results is scheduled for 10:00 a.m. Eastern Time on August 11, 2020. The call can be accessed by dialing (833) 519-1290 or via webcast on FSKR's Investor Relations website. An investor presentation will also be available post-release on the same website. FS KKR is focused on providing customized credit solutions, mainly in senior secured debt for middle market U.S. companies.
FS KKR Capital Corp. (NYSE: FSK) announced that its reverse stock split, on a 4:1 basis, became effective after trading on June 15, 2020. Each shareholder will receive one share for every four they owned, with no changes to the par value of $0.001 per share. The company's common stock will start trading on a split-basis on June 16, 2020. The board declared a quarterly cash distribution of $0.15 per share, increasing to $0.60 post-split, payable on July 2, 2020, to shareholders of record as of June 17, 2020. There are no expected economic impacts from this change.