FS KKR Capital Corp. Proposes to Issue $400,000,000 Aggregate Principal Amount 2.625% Notes Due 2027
June 14, 2021 at 06:10 am EDT
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FS KKR Capital Corp. proposed to issue and sell $400,000,000 aggregate principal amount of 2.625% Notes due 2027. It is understood that, subject to the conditions hereinafter stated, the Securities will be sold by the Company to the several Underwriters named in Schedule A hereto (the Underwriters) in connection with the offer and sale of such Securities. RBC Capital Markets, LLC, J.P. Morgan Securities LLC, and SMBC Nikko Securities America Inc. shall act as the representatives of the Underwriters. The Securities will be issued under an indenture dated as of July 14, 2014, as supplemented by the Eighth Supplemental Indenture to be dated as of the Closing Date, between the Company and U.S. Bank National Association, as trustee (the Trustee). The Securities will be issued to Cede & Co., as nominee of the Depository Trust Company (DTC) pursuant to a blanket letter of representations dated July 1, 2019, between the Company and DTC. The Indenture has been qualified under the Trust Indenture Act of 1939, as amended.
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. 
