FSK completes $400 million unsecured notes offering

FS KKR Capital Corp. (NYSE: FSK) completed its public offering of $400 million in 6.125% unsecured notes due 2031, the business development company announced.

The company stated it intends to use the net proceeds for general corporate purposes, including potentially repaying outstanding debt under credit facilities and certain notes.

BofA Securities, BMO Capital Markets Corp., ING Financial Markets LLC, J.P. Morgan Securities LLC, KKR Capital Markets LLC, SMBC Nikko Securities America, Truist Securities, MUFG Securities Americas, Mizuho Securities USA LLC, TD Securities (USA) LLC, HSBC Securities (USA) and RBC Capital Markets served as joint book-running managers for the offering.

Additional joint lead managers included BNP Paribas Securities Corp., Citigroup Global Markets, CIBC World Markets Corp., Goldman Sachs & Co. LLC, Barclays Capital, Morgan Stanley & Co. LLC, SG Americas Securities LLC and UBS Securities LLC.

FSK is a publicly traded business development company that provides credit solutions to private middle market U.S. companies, focusing primarily on senior secured debt investments. The company is advised by FS/KKR Advisor LLC, a partnership between Future Standard and KKR Credit.

The information is based on a company press release statement.

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