FSK Completes Public Offering of $600 million 6.875% Unsecured Notes Due 2029
Get Alerts FSK Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 11.6%
EPS Growth %: -9.0%
Join SI Premium – FREE
FSK intends to use the net proceeds of this offering for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes.
This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.
About FS KKR Capital Corp.
FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market
About FS/KKR Advisor, LLC
FS/KKR Advisor, LLC (FS/KKR) is a partnership between FS Investments and KKR Credit that serves as the investment adviser to FSK and other business development companies.
FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions. The firm manages over
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries.
Forward-Looking Statements and Important Disclosure Notice
This announcement may contain certain forward-looking statements, including statements with regard to future events or future performance or operations of FSK. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, geo-political risks, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact Information:
Investor Relations Contact
[email protected]
Media Contact
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/fsk-completes-public-offering-of-600-million-6-875-unsecured-notes-due-2029--302166472.html
SOURCE FS Investments
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- WEBTOON Entertainment (WBTN) Prices 15M Share IPO at $21/sh
- BranchOut Food (BOF) Prices 1.75M Share Offering at $0.80/sh
- Essent Group (ESNT) Prices $500M Notes Offering
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesRelated Entities
Deutsche Bank, JPMorgan, Goldman Sachs, Citi, Morgan Stanley, BMO Capital, RBC Capital, B. Riley, Barclays, HSBC, Hedge Funds, MizuhoSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!