Welcome to our dedicated page for Fs Kkr Cap SEC filings (Ticker: FSK), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
FS KKR Capital Corp.'s SEC filings document the formal disclosures of a NYSE-listed business development company with common stock trading under FSK. Form 8-K reports cover operating results, cash distributions, Regulation FD presentations, material-event updates, and capital-structure information tied to the company's BDC investment portfolio and public equity.
Proxy materials describe annual meeting matters, stockholder voting, governance, share and net asset value disclosures, and board-related information. The filing record also reflects the company's Maryland registrant status and its focus on senior secured and subordinated debt investments in private middle market U.S. companies.
FS KKR Capital Corp. has raised $150 million by issuing 6,000,000 shares of new Cumulative Convertible Perpetual Preferred Stock, Series A, to KKR Alternative Assets L.P. at $25.00 per share. The company plans to use the proceeds for general corporate purposes, including potentially funding its common stock repurchase program or repaying debt.
The preferred stock pays dividends of 5.00% per year in cash or, at the company’s option, 7.00% per year in payment-in-kind shares, with the rate stepping up by 1.00% annually after 5.5 years and no cap on increases. It ranks senior to common stock but junior to existing debt, and becomes convertible into common stock after six months at an initial conversion price of $18.83 per share, subject to anti-dilution adjustments and a NYSE-based minimum price.
FSK can redeem the preferred in cash at any time, and after three years may redeem in common stock if trading prices meet the conversion price test. Holders gain board influence through two dedicated director seats and enhanced voting rights, plus put and redemption protections after six years and upon certain changes of control. Separately, the external adviser agreed to waive 50% of its subordinated income incentive fee from the quarter ending June 30, 2026 through the quarter ending March 31, 2027, with no right to recoup waived amounts.
KKR Alternative Assets L.P. and its affiliates report a 7.8% stake in FS KKR Capital Corp. common stock on Schedule 13D. They beneficially own 22,582,961 shares, including 14,616,950 common shares and 7,966,011 shares issuable upon conversion of newly issued convertible preferred stock.
KKR Alternative Assets L.P. completed a tender offer on June 15, 2026, purchasing 13,636,363 common shares at $11.00 per share for an aggregate $149,999,993 in cash. It also agreed to purchase $150,000,000 of cumulative convertible perpetual preferred stock with a $25.00 liquidation preference, an initial 5.00% cash dividend rate, and a conversion price of $18.83 per share, plus board election and registration rights.
FS KKR Capital Corp. reported results of its Annual Meeting of Stockholders held on June 18, 2026. As of the April 23, 2026 record date, 280,066,432.663 common shares were eligible to vote, and 134,308,952 shares were actually voted.
Stockholders elected four Class A directors—Michael J. Hagan, Jeffrey K. Harrow, James H. Kropp, and Elizabeth J. Sandler—to serve until the 2029 annual meeting and until their successors are elected and qualified. A 1940 Act Section 61(a)(4) issuance proposal was also approved.
The company adjourned the meeting on the separate Share Issuance Proposal to allow more time to solicit votes. The meeting will reconvene on August 20, 2026 at 1:00 p.m. Eastern Time at the company’s Philadelphia headquarters, with the same April 23, 2026 record date.
FS KKR Capital Corp. filed Amendment No. 5 to its Schedule 14D-9 to supplement its prior Solicitation/Recommendation Statement regarding the cash tender offer by KKR Alternative Assets L.P. to purchase up to $150,000,000 aggregate amount of common stock at $11.00 per share. The amendment states the Offer expired at 11:59 p.m., New York City time, on June 11, 2026, and that the Company was advised by the Purchaser of the final results.
KKR Alternative Assets L.P. amends its tender offer to purchase up to $150,000,000 in aggregate amount of shares of FS KKR Capital Corp. at a price equal to $11.00 per share, less any applicable withholding taxes, pursuant to the Offer to Purchase dated May 12, 2026 and earlier amendments. This filing, Amendment No. 5, supplements Item 11 of the Schedule TO and incorporates previously filed documents including the Offer to Purchase, Letter of Transmittal, press release, and related agreements referenced in the Schedule TO.
FS KKR Capital Corp. files Amendment No. 4 to its Schedule 14D-9 relating to a tender offer by KKR Alternative Assets L.P. to purchase up to $150,000,000 in aggregate amount of common stock at $11.00 per Share, upon the terms and subject to the conditions set forth in the Offer to Purchase and Letter of Transmittal.
The Amendment states the Offer expired at 11:59 p.m., New York City time, on June 11, 2026 and that the Company was advised by the Purchaser of preliminary results of the Offer. This filing supplements the Schedule 14D-9 previously filed on May 12, 2026 and amended on May 22, 2026, June 2, 2026 and June 5, 2026.
FS KKR Capital Corp. amendment: KKR Alternative Assets L.P. filed Amendment No. 4 to its Schedule TO regarding its tender offer to purchase up to $150,000,000 in aggregate amount of common stock at a price equal to $11.00 per share, pursuant to the Offer to Purchase dated May 12, 2026. This Amendment supplements Item 11 of the Schedule TO and incorporates prior offer materials and agreements by reference, including the Offer to Purchase, Letter of Transmittal, Purchase Agreement dated May 10, 2026, and related exhibits. The Amendment is signed on behalf of KKR Alternative Assets L.P. and KKR Alternative Assets Limited and is dated June 12, 2026.
FS KKR Capital Corp. completed issuance of $900,000,000 aggregate principal amount of 7.500% notes due 2031. These unsecured notes mature on August 1, 2031 and pay interest at 7.500% per year, with semi-annual payments each February 1 and August 1 starting February 1, 2027.
The notes are general unsecured obligations ranking senior to subordinated debt, pari passu with other unsecured unsubordinated debt, and effectively junior to secured and subsidiary indebtedness. Net proceeds were approximately $890.0 million after $9.0 million of underwriting discounts and $1.0 million of estimated offering expenses, and are earmarked for general corporate purposes, including potentially repaying credit facilities and certain notes.
The indenture includes asset coverage covenants referencing the Investment Company Act, ongoing financial reporting obligations, and a change of control repurchase provision requiring an offer to buy the notes at 100% of principal plus accrued interest upon a qualifying event.
FS KKR Capital Corp. files Amendment No. 3 to its Schedule 14D-9 updating disclosures related to the tender offer by KKR Alternative Assets L.P.
The amendment states the Hart-Scott-Rodino waiting period expired on June 4, 2026, the Antitrust Condition is satisfied, the Purchaser extended the Offer Expiration Date to June 11, 2026, and approximately 413,270 Shares had been validly tendered as of June 4, 2026.
FS KKR Capital Corp. received an amendment to its tender offer disclosure: KKR Alternative Assets L.P. (with KKR Alternative Assets Limited named as bidder) is offering to purchase up to $150,000,000 aggregate amount of common stock at $11.00 per share. The filing states the Hart-Scott-Rodino waiting period expired effective June 4, 2026, satisfying the Antitrust Condition. The Purchaser extended the Offer's Expiration Date from June 9, 2026 to June 11, 2026. The depositary reported that approximately 413,270 shares were validly tendered and received as of June 4, 2026 at 5:00 p.m. New York City time. This Amendment No. 3 incorporates prior Offer materials and otherwise leaves the Schedule TO disclosures unchanged.