PHILADELPHIA and NEW YORK , Dec. 27, 2024 /PRNewswire/ -- FS KKR Capital Corp. (NYSE: FSK) today announced that it has completed its previously announced offering of an additional $100 million in aggregate principal amount of its 6.125% notes due 2030 (the "Notes"). The Notes will be a further issuance of, and form a single series with, the $600 million aggregate principal amount of 6.125% Notes due 2030 that FSK issued on November 20, 2024 , increasing the outstanding aggregate principal amount of the series to $700 million . BofA Securities, Inc., BMO Capital Markets Corp., J.P. Morgan Securities LLC, KKR Capital Markets LLC, SMBC Nikko Securities America, Inc., and Truist Securities, Inc. are acting as joint book-running managers for this offering. FSK intends to use the net proceeds of this offering for general corporate purposes, including potentially repaying outstanding indebtedness under credit facilities and certain notes. This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. About FS KKR Capital Corp. FSK is a leading publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK seeks to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market companies. FSK is advised by FS/KKR Advisor, LLC. About FS/KKR Advisor, LLC FS/KKR Advisor, LLC (FS/KKR) is a partnership between FS Investments and KKR Credit that serves as the investment adviser to FSK and other business development companies. FS Investments is a global alternative asset manager dedicated to delivering superior performance and innovative investment and capital solutions. The firm manages over $83 billion in assets for a wide range of clients, including institutional investors, financial professionals and individual investors. FS Investments provides access to a broad suite of alternative asset classes and strategies through its best-in-class investment teams and partners. With its diversified platform and flexible capital solutions, the firm is a valued partner to general partners, asset owners and portfolio companies. FS Investments is grounded in its high-performance culture and guided by its commitment to building value for its clients, investing in its colleagues and giving back to its communities. The firm has more than 500 employees across offices in the U.S., Europe and Asia and is headquartered in Philadelphia . KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR's insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR's investments may include the activities of its sponsored funds and insurance subsidiaries. Forward-Looking Statements and Important Disclosure Notice This announcement may contain certain forward-looking statements, including statements with regard to future events or future performance or operations of FSK. Words such as "believes," "expects," "projects," and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements. Factors that could cause actual results to differ materially include changes in the economy, risks associated with possible disruption in FSK's operations or the economy generally due to terrorism, geo-political risks, natural disasters or pandemics such as COVID-19, future changes in laws or regulations and conditions in FSK's operating area and the price at which shares of FSK's common stock trade on the New York Stock Exchange. Some of these factors are enumerated in the filings FSK makes with the SEC. FSK undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Contact Information: Investor Relations Contact Anna Kleinhenn Anna.Kleinhenn@fsinvestments.com FS Investments Media Team Melanie Hemmert Melanie.Hemmert@fsinvestments.com View original content to download multimedia: https://www.prnewswire.com/news-releases/fsk-completes-public-offering-of-100-million-6-125-unsecured-notes-due-2030--302339667.html SOURCE FS Investments
80jili login philippines sign up
。
Citius Oncology, Inc. Reports Fiscal Full Year 2024 Financial Results and Provides Business UpdateBy HALELUYA HADERO, Associated Press President-elect Donald Trump asked the Supreme Court on Friday to pause the potential TikTok ban from going into effect until his administration can pursue a “political resolution” to the issue. The request came as TikTok and the Biden administration filed opposing briefs to the court, in which the company argued the court should strike down a law that could ban the platform by Jan. 19 while the government emphasized its position that the statute is needed to eliminate a national security risk. “President Trump takes no position on the underlying merits of this dispute. Instead, he respectfully requests that the Court consider staying the Act’s deadline for divestment of January 19, 2025, while it considers the merits of this case,” said Trump’s amicus brief, which supported neither party in the case. The filings come ahead of oral arguments scheduled for Jan. 10 on whether the law, which requires TikTok to divest from its China-based parent company or face a ban, unlawfully restricts speech in violation of the First Amendment. Earlier this month, a panel of three federal judges on the U.S. Court of Appeals for the District of Columbia Circuit unanimously upheld the statute , leading TikTok to appeal the case to the Supreme Court. The brief from Trump said he opposes banning TikTok at this junction and “seeks the ability to resolve the issues at hand through political means once he takes office.”
Trump’s demand Mexico stop migrants and drugs may never be metNo. 8 Vols punch ticket to College Football Playoff
Kenyan President William Ruto cancelled two deals with Adani Group worth about $2.6 billion over alleged corruption, hours after company founder Gautam Adani was charged by the US authorities in a separate bribery scheme. Ruto ordered his ministers to "immediately cancel the ongoing procurement process" involving the billionaire's companies to manage the nation's biggest airport and build high-voltage power-transmission lines. "I have stated in the past, and I reiterate today, that in the face of undisputed evidence or credible information on corruption, I will not hesitate to take decisive action," Ruto told lawmakers in a state-of-the-nation address in the capital, Nairobi, on Thursday. The decision was "based on new information provided by our investigative agencies and partner nations," he said. Adani Group wasn't immediately available for comment. Adani Airport Holdings earlier this year sought a 30-year concession worth $1.85 billion to operate Nairobi's main airport, while another unit in the vast conglomerate secured a $736 million contract to construct and operate power lines in the East African nation. While Ruto previously endorsed the transmission pact, saying Kenya urgently needs private investment for capital-intensive projects, his govt faced public criticism that the awards of the contracts were opaque. The President had no choice but to abandon the deals after the US indictment of Adani, according to Kenyan lawmaker John Kaguchia. "With Adani having been indicted in the US, it technically becomes impossible for Kenya to continue dealing with the group," Kaguchia said on Citizen TV, a Nairobi-based broadcaster. "If it continues, then the US will discontinue all support, any financial partnership we've had with them, including the IMF and World Bank." In his speech, Ruto reiterated a previous pledge to fight graft and wastage of public resources in the country that ranks 126th out of 180 on Transparency International's corruption perceptions index. "Of the many difficult assignments I have undertaken, the fight against corruption is one I now take on with resolve going forward," Ruto said. Thousands of Kenyans took to the streets earlier this year to protest against govt mismanagement and excessive taxation. More than 60 people died in the demonstrations. Bloomberg Ready to Master Stock Valuation? ET's Workshop is just around the corner!
Trump asks Supreme Court to delay TikTok ban so he can weigh in after he takes office
Rangers return from break desperate for turnaround, face Lightning
Bezos' Blue Origin gets FAA license for its first New Glenn rocket launchNone