FS KKR Capital completes $900 million bond offering

FS KKR Capital Corp. (NYSE: FSK) completed a $900 million public offering of 7.500% unsecured notes due 2031, the business development company announced.

The offering was managed by multiple investment banks, with BofA Securities, BMO Capital Markets, J.P. Morgan Securities, KKR Capital Markets, RBC Capital Markets and SMBC Nikko Securities America serving as joint book-running managers.

Additional firms including HSBC Securities, ING Financial Markets, Mizuho Securities USA, MUFG Securities Americas, TD Securities, Truist Securities, Barclays Capital, BNP Paribas Securities, CIBC World Markets, Citigroup Global Markets, Goldman Sachs, Morgan Stanley, SG Americas Securities, UBS Securities and Standard Chartered Bank acted as joint lead managers.

FSK stated it intends to use the net proceeds for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes.

The company is a publicly traded business development company focused on providing credit solutions to private middle market U.S. companies. FSK primarily invests in senior secured debt and subordinated loans of private U.S. companies.

The company is advised by FS/KKR Advisor, which is a partnership between Future Standard and KKR Credit. Future Standard manages over $94 billion in assets under management as of March 31, 2026, according to the announcement.

You May Also Be Interested In

• Enliven Therapeutics prices upsized public offering at $37.50 per share
• Vivos Therapeutics plans rights offering to raise capital
• Service Corporation International boosts share buyback plan by $472 million