secwatch.observer — SEC 8-K summary
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Issuer:     FS Credit Opportunities Corp. (FSCO)
CIK:        0001568194
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001839882-22-025602
Event type: other_material
Sentiment:  positive
Materiality: 0.80
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FS Credit Opportunities plans NYSE direct listing on or around Nov 14, 2022; $2.1B AUM, 9%+ div yield
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- Direct listing on NYSE expected around November 14, 2022, subject to market conditions and board approval.
- $2.1B assets under management; expected dividend yield of 9.0%+ based on NAV as of Sept 30, 2022.
- Portfolio: 81% senior secured, 64% floating rate, 1.25 years duration, 0.25x debt-to-equity ex-preferred.
- Net investment income averaged 119% of distributions since Jan 2018; outperformed high yield by ~330bps/yr.
- Share transfer restrictions approved by stockholders in June 2022 waived for re-registrations without consideration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1568194/000183988222025602/0001839882-22-025602-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1568194/000183988222025602/fsco-8k_103122.htm
  HTML page:      https://secwatch.observer/filing/0001839882-22-025602

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