FS KKR Capital subsidiary enters $400M revolving credit facility with CIBC

FS KKR Capital Corp

Callowhill Street Funding LLC entered a $400M secured revolving credit facility maturing June 3, 2030.
Interest rate: 1.75% spread plus SOFR/SONIA/BBSY/CORRA depending on currency; revolving period ends June 2, 2028.
Non-usage fee of 0.50% per annum on unused facility after three months.
Obligations non-recourse to FS KKR Capital Corp., limited to its equity investment in Callowhill.
Lenders led by Canadian Imperial Bank of Commerce as administrative agent.

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