FSK Prices Public Offering of $100 million 6.125% Unsecured Notes Due 2030
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FS KKR Capital Corp. (FSK) has announced a public offering of $100 million in 6.125% unsecured notes due 2030. The notes can be redeemed at par one month before maturity.
December 20, 2024 | 9:30 pm
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FS KKR Capital Corp. has priced a $100 million public offering of 6.125% unsecured notes due 2030. This move could strengthen FSK's financial position by raising capital through debt issuance.
The issuance of $100 million in notes provides FSK with additional capital, which can be used for various corporate purposes. The interest rate of 6.125% is fixed, providing predictable interest expenses. The ability to redeem the notes at par one month before maturity offers flexibility. This move is likely to be seen positively by investors as it strengthens FSK's financial position.
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