FS KKR Capital Corp. Completes Offering of $400,000,000 2.625% Notes Due 2027
June 17, 2021 at 04:15 pm EDT
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FS KKR Capital Corp. announced that it has completed its previously announced offering of $400,000,000 in aggregate principal amount of its 2.625% unsecured notes due 2027 (the "Notes"). RBC Capital Markets, LLC, J.P. Morgan Securities LLC, SMBC Nikko Securities America Inc., BMO Capital Markets Corp., MUFG Securities Americas Inc., KKR Capital Markets LLC, ING Financial Markets LLC, Truist Securities Inc., HSBC Securities (USA) Inc. and Mizuho Securities USA LLC are acting as joint book-running managers for this offering. Barclays Capital Inc., BofA Securities Inc., 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. BNP Paribas Securities Corp., Compass Point Research & Trading, LLC, Credit Suisse Securities (USA) LLC, ICBC Standard Bank Plc, Keefe, Bruyette & Woods, A Stifel Company, R. Seelaus & Co., LLC and U.S. Bancorp Investments Inc. are acting as co-managers for this offering. FSK expects to use the net proceeds of this offering for general corporate purposes, including to repay outstanding indebtedness under its financing arrangements.
FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment company, which regulates as a business development company (BDC). It is focused on providing customized credit solutions to private middle market United States companies. Its investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. Its portfolio is composed primarily of investments in senior secured loans and second lien secured loans of private middle market United States companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private United States companies. In addition, a portion of its portfolio may be comprised of corporate bonds, structured products, other debt securities and derivatives, including total return swaps and credit default swaps. It invests in sectors, such as financial services, commercial and professional services, among others. It is managed by FS/KKR Advisor, LLC.
FS KKR CAPITAL CORP. 
