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An update from FS KKR Capital ( (FSK) ) is now available.
FS KKR Capital Corp. completed a $100 million issuance of 6.125% unsecured notes due 2030, expanding the series to a total of $700 million. The net proceeds of $98.3 million will be used for general corporate purposes, potentially including the repayment of outstanding indebtedness, enhancing the company’s financial flexibility.
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, primarily investing in senior secured debt and subordinated debt. The company is advised by FS/KKR Advisor, LLC, a partnership between FS Investments and KKR Credit, which manages over $83 billion in assets globally across various alternative asset classes.
YTD Price Performance: 25.81%
Average Trading Volume: 1,329,279
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.09B
For an in-depth examination of FSK stock, go to TipRanks’ Stock Analysis page.
