secwatch.observer — SEC 8-K summary
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Issuer:     FS KKR Capital Corp (FSK)
CIK:        0001422183
Form:       8-K
Filed at:   2024-11-19T23:59:59+00:00
Accession:  0001104659-24-120557
Event type: debt
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FS KKR Capital subsidiary extends loan facility; maturity extended 2 years, spread cut 50bps
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- Third Amendment extends revolving period to Nov 2027 and facility termination to Nov 2029 from previous dates.
- Applicable spread reduced from 275 bps to 225 bps, lowering borrowing cost.
- Value adjustment events modified; other terms of the $200M facility unchanged.
- Amendment also updates Account Control Agreement to add new operating and pre-funded loan accounts.
- Conditions precedent include legal opinions, resolutions, and no default.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422183/000110465924120557/0001104659-24-120557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422183/000110465924120557/tm2428795d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-120557

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer