PHILADELPHIA and NEW
YORK, Nov. 20, 2024 /PRNewswire/ -- FS KKR
Capital Corp. (NYSE: FSK) today announced that it has completed its
previously announced offering of $600
million in aggregate principal amount of its 6.125%
unsecured notes due 2030 (the "Notes"). BofA Securities, Inc., BMO
Capital Markets Corp., J.P. Morgan Securities LLC, KKR Capital
Markets LLC, SMBC Nikko Securities America, Inc., Truist
Securities, Inc., HSBC Securities (USA) Inc., ING Financial Markets LLC, Mizuho
Securities USA LLC, MUFG
Securities Americas Inc., RBC Capital Markets, LLC and TD
Securities (USA) LLC are acting as
joint book-running managers for this offering. Barclays Capital
Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc.,
Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, Morgan
Stanley & Co. LLC and SG Americas Securities, LLC are acting as
joint lead managers for this offering. B. Riley Securities, Inc.,
Compass Point Research & Trading, LLC, ICBC Standard Bank Plc,
Keefe, Bruyette & Woods, Inc., R. Seelaus & Co., LLC and
U.S. Bancorp Investments, Inc. are acting
as co-managers for this offering.
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 U.S. companies. FSK seeks to invest primarily in the
senior secured debt and, to a lesser extent, the subordinated debt
of private middle market companies. FSK is advised by FS/KKR
Advisor, LLC.
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 $82
billion in assets for a wide range of clients, including
institutional investors, financial professionals and individual
investors. FS Investments provides access to a broad suite of
alternative asset classes and strategies through
its best-in-class investment teams and partners. With its
diversified platform and flexible capital solutions, the firm is a
valued partner to general partners, asset owners and portfolio
companies. FS Investments is grounded in its high-performance
culture and guided by its commitment to building value for its
clients, investing in its colleagues and giving back to its
communities. The firm has more than 500 employees across offices in
the U.S., Europe and Asia and is headquartered in Philadelphia.
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
Anna Kleinhenn
Anna.Kleinhenn@fsinvestments.com
FS Investments Media Team
Melanie Hemmert
Melanie.Hemmert@fsinvestments.com
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SOURCE FS Investments
