FS KKR Capital Corp

FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment and finance company that invests primarily in the debt securities of private middle market U.S. companies. Its objectives are to generate current income and, to a lesser extent, long-term capital appreciation. The company was founded by Michael Craig Forman on December 21, 2007 and is headquartered in Philadelphia, PA.

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FS KKR Capital Corp surpasses earnings expectations, eyes growth opportunities

FS KKR Capital Corp delivered strong performance in Q3, exceeding income guidance and maintaining a robust distribution yield.
The company's focus on disciplined underwriting, ample liquidity, and senior secured investments positions it well for growth.
Challenges related to debt management and credit trends require careful monitoring, but opportunities in M&A and asset-based finance are promising.
Overall, FSK's prudent investment strategies and optimistic outlook for 2025 signal a positive trajectory for the company.

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PHILADELPHIA and NEW YORK, Feb. 28, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today announced its financial and operating results for the quarter and year ended December 31, 2021, and that its board of directors has declared a first quarter 2022 distribution totaling $0.63 per share. Financial and Operating Highlights for the Quarter Ended December 31, 2021 (1) Net investment income of $0.66 per share, compared to $0.71 per share for the quarter ended September 30, 2021 Adjusted net investment income(2) of $0.65 per share, compared to $0.64 per share for the quarter ended September 30, 2021 Net asset value of $27.17 per share, compared to $27.14 per share as of September 30, 2021 Total net realized and unrealized loss of $0.02 per share, compared to a total net realized and unrealized gain of $0.24 per share for the quarter ended September 30, 2021 Adjusted net realized and unrealized gain(2) of $0.03 per share, compared to $0.31 per share for the quarter ended September 30, 2021 Total purchases of $2.1 billion versus $1.9 billion of sales and repayments, including $1.0 billion of sales to its joint venture Credit Opportunities Partners JV, LLC Net debt to equity ratio(3) as of December 31, 2021 was 107%, compared to 103% as of September 30, 2021 Paid cash distributions to stockholders totaling $0.62 per share(4) Financial and Operating Highlights for the Year Ended December 31, 2021 (1) Net investment income of $2.76 per share, compared to $2.66 per share for the year ended December 31, 2020 Total net realized and unrealized gain of $4.40 per share, compared to a total net realized and unrealized loss of $5.92 per share for the year ended December 31, 2020 Paid cash distributions to stockholders totaling $2.47 per share(4) "We were pleased to conclude 2021 with another strong quarter of financial results," said Michael C.

FS KKR Capital Corp. Announces Fourth Quarter and Full Year 2021 Results and Declares First Quarter 2022 Dividend of $0.63 per share

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BDC Sector Market Review: BDCs Or Loan CEFs For Higher Rates?

PHILADELPHIA and NEW YORK, Feb. 2, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its fourth quarter and full year 2021 results after the close of trading on the New York Stock Exchange on Monday, February 28, 2022. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for Fourth Quarter and Full Year 2021

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FS KKR Capital Corp. has mostly invested its funds in senior secured loans and asset-based finance, where the risk of default is low. The company's price has fallen substantially from its pre-COVID-19 levels, and can be rocked by volatility. However, I believe that downside from here on is limited.

FS KKR Capital: Long-Term Income Generator With A Medium-Risk Profile

PHILADELPHIA, Jan. 18, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of $500,000,000 in aggregate principal amount of its 3.250% unsecured notes due 2027 (the "Notes"). BofA Securities, Inc., BMO Capital Markets Corp., KKR Capital Markets LLC, MUFG Securities Americas Inc., SMBC Nikko Securities America, Inc., J.P.

FSK Completes Offering of $500,000,000 3.250% Notes Due 2027

PHILADELPHIA, Jan. 10, 2022 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced that it has priced an underwritten public offering of $500,000,000 in aggregate principal amount of its 3.250% unsecured notes due 2027 (the "Notes"). The Notes will mature on July 15, 2027 and may be redeemed in whole or in part at FSK's option at any time at par plus a "make-whole" premium, provided that the Notes may be redeemed at par one month prior to their maturity.

FSK Prices Public Offering of $500,000,000 3.250% Notes Due 2027

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BDC Market Weekly Review: Watch Out For The Management Narrative

PHILADELPHIA and NEW YORK, Nov. 8, 2021 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK), today reported net investment income of $201 million, or $0.71 per share for the third quarter ended September 30, 2021. The Company's net asset value ("NAV") was $27.14 per share as of September 30, 2021, compared to $26.84 per share as of June 30, 2021.

FS KKR Capital Corp. Announces September 30, 2021 Financial Results and Declares Fourth Quarter 2021 Dividend of $0.62 Per Share

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PHILADELPHIA and NEW YORK, Oct. 13, 2021 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced today plans to release its third quarter 2021 results after the close of trading on the New York Stock Exchange on Monday, November 8, 2021. FSK will host a conference call at 9:00 a.m.

FSK Announces Earnings Release and Conference Call Schedule for Third Quarter 2021

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PHILADELPHIA, Oct. 12, 2021 /PRNewswire/ -- FS KKR Capital Corp. ("FSK") today announced that it has completed its previously announced offering (the "Offering") of $500,000,000 in aggregate principal amount of its 1.650% unsecured notes due 2024 (the "2024 Notes") and $750,000,000 in aggregate principal amount of its 3.125% unsecured notes due 2028 (the "2028 Notes," and together with the 2024 Notes, the "Notes"). BofA Securities, Inc., BMO Capital Markets Corp., KKR Capital Markets LLC, MUFG Securities Americas Inc., Truist Securities, Inc., ING Financial Markets LLC, J.P.

FSK Completes Offering of $500,000,000 1.650% Notes Due 2024 and $750,000,000 3.125% Notes Due 2028 and Announces the Redemption of all of its 5.00% Senior Notes Due 2022

PHILADELPHIA, Oct. 4, 2021 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) announced that it has priced an underwritten public offering of $500,000,000 in aggregate principal amount of its 1.650% unsecured notes due 2024 (the "2024 Notes") and $750,000,000 in aggregate principal amount of its 3.125% unsecured notes due 2028 (the "2028 Notes," and together with the 2024 Notes, the "Notes"). The 2024 Notes will mature on October 12, 2024 and the 2028 Notes will mature on October 12, 2028.

FSK Prices Public Offering of $500,000,000 1.650% Notes Due 2024 and $750,000,000 3.125% Notes Due 2028

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News for FS KKR Capital Corp ETF (FSK)