debt
confidence high
sentiment neutral
materiality 0.55
FSCO issues $200M of 5.106%/5.481% term preferred shares; redeems $200M of earlier series by Nov 3
FS Credit Opportunities Corp.
- Issued 50k shares of 5.106% Series 2028 ($50M liquidation) and 150k shares of 5.481% Series 2030 ($150M liquidation).
- Maturity: Series 2028 on Oct 21, 2028; Series 2030 on Oct 21, 2030.
- Redeems all outstanding Series 2025, 2025-2, and 2026 term preferred shares (total $200M) on Nov 3, 2025.
- Dividends payable semi-annually starting Apr 21, 2026.
- Optional redemption with make-whole premium at issuer's option.