debt
confidence high
sentiment neutral
materiality 0.55
FS KKR Capital Corp issues $400M of 6.125% unsecured notes due 2031
FS KKR Capital Corp
- $400M aggregate principal, 6.125% coupon, semi-annual interest starting Jan 15, 2026.
- Notes mature Jan 15, 2031; net proceeds ~$390.9M after underwriting discounts and offering expenses.
- Proceeds for general corporate purposes, including potential repayment of outstanding credit facilities and notes.
- Offering closed Sep 25, 2025; joint book-runners include BofA, BMO, J.P. Morgan, and KKR Capital Markets.
- Notes are unsecured, rank pari passu with other unsecured unsubordinated debt, structurally junior to subsidiary debt.
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