secwatch.observer — SEC 8-K summary
======================================

Issuer:     FS KKR Capital Corp (FSK)
CIK:        0001422183
Form:       8-K
Filed at:   2025-04-01T23:59:59+00:00
Accession:  0001104659-25-030541
Event type: debt
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FSK extends revolving period to 2026, reduces margin on $300M facility
----------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1422183/000110465925030541/0001104659-25-030541-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1422183/000110465925030541/tm2511067d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-030541

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