Financing ·
FS KKR Capital Corp. issued and sold 6,000,000 shares of Cumulative Convertible Perpetual Preferred Stock, Series A to…
FSKFS KKR Capital Corp
FS KKR Capital Corp. issued and sold 6,000,000 shares of Cumulative Convertible Perpetual Preferred Stock, Series A to KKR Alternative Assets L.P. at $25.00 per share, generating $150.0 million in gross proceeds. The company also received a waiver from its adviser to reduce subordinated income incentive fees by 50% for the period from June 30, 2026, through March 31, 2027. FS KKR Capital Corp. is a business development company that provides debt and equity financing to middle-market companies.