tiprankstipranks
FS KKR Capital Announces $100M Note Offering
Company Announcements

FS KKR Capital Announces $100M Note Offering

Story Highlights

Pick the best stocks and maximize your portfolio:

FS KKR Capital ( (FSK) ) has provided an update.

FS KKR Capital Corp. announced a public offering of $100 million in 6.125% unsecured notes due 2030. The offering, expected to close on December 27, 2024, aims to use net proceeds for general corporate purposes, including potentially repaying outstanding debt. This move could strengthen FSK’s financial flexibility and market position by optimizing its debt structure.

More about FS KKR Capital

FS KKR Capital Corp. is a publicly traded business development company focused on providing customized credit solutions to private middle market U.S. companies. The company primarily invests in senior secured and subordinated debt of these companies, and is advised by FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit.

YTD Price Performance: 22.80%

Average Trading Volume: 1,337,592

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $5.94B

See more insights into FSK stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyFS KKR Capital downgraded to Neutral from Buy at B. Riley
TheFlyFS KKR Capital downgraded to Equal Weight from Overweight at Wells Fargo
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App