FS KKR Capital Corp (FSK): debt financing — FSK extends revolving period to 2026, reduces margin on $300M facility

FS KKR Capital Corp

Eighth Amendment extends revolving period to Nov 22, 2026 and final maturity to Nov 22, 2028.
Applicable margin reduced to 1.95% (revolving) and 2.45% (amortization), down from prior 2.70%/3.20%.
Interest-only loan rate cut to 0.00%; unused commitment fee reduced to 0.65%.
Call protection extended for one year; one-time waiver of margin requirement for Feb 22–Mar 27, 2025 granted.
Borrower is wholly-owned subsidiary Meadowbrook Run LLC; lender is Morgan Stanley Bank.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

FS KKR Capital Corp amended credit facility with Morgan Stanley Senior Funding, Inc. at decreases the applicable margin (a) during the revolving period to 1.95% per ann maturing November 22, 2028.

Instrument: credit facility
Counterparty: Morgan Stanley Senior Funding, Inc.
Rate: decreases the applicable margin (a) during the revolving period to 1.95% per ann
Maturity: November 22, 2028
Event: amendment

Exact text from the filing

The Eighth Amendment, among other things, (i) extends the revolving period to November 22, 2026, (ii) extends the final maturity date to November 22, 2028, (iii) decreases the applicable margin (a) during the revolving period to 1.95% per annum and (b) during the amortization period to 2.45% per annum, (iv) reduces the interest rate on the interest only loan to 0.00% per annum, (v) adjusts the unused commitment fee to 0.65% and (vi) extends the call protection period for one year after the closing date of the Eighth Amendment.

View on SEC.gov

222 debt financings filed in the last 30 days. Browse all debt financings →

FS KKR Capital Corp filing history →

Source: SEC EDGAR

accession 0001104659-25-030541

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.