Bond FSK Capital 6.875% ( US302635AN71 ) in USD

Issuer	FSK Capital
Market price	102.184 % ▼
Country	United States
ISIN code	US302635AN71 ( in USD )
Interest rate	6.875% per year ( payment 2 times a year)
Maturity	15/08/2029
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Minimal amount	2 000 USD
Total amount	600 000 000 USD
Cusip	302635AN7
Moody's rating	Baa3 ( Lower medium grade - Investment-grade )
Next Coupon	15/08/2025 ( In 14 days )
Detailed description	FS KKR Capital Corp. is a publicly traded externally managed closed-end fund that invests primarily in senior secured loans to middle-market companies in the United States. An overview of a fixed-income instrument issued by FS KKR Capital, identified by ISIN US302635AN71 and CUSIP 302635AN7, reveals key characteristics for investors. FS KKR Capital is a prominent business development company (BDC) in the United States, primarily focused on providing flexible capital solutions to private middle-market companies. The firm's strategy involves investing predominantly in senior secured loans, complemented by junior debt and equity interests, with an overarching objective to generate current income and long-term capital appreciation for its shareholders. The company benefits from the extensive management expertise of FS Investments and KKR, leveraging their deep industry insights and robust origination platforms. This specific bond, denominated in USD and issued from the United States, carries a fixed interest rate of 6.875% and forms part of a total issuance valued at $600,000,000. It is currently observable on the market at a price of 102.184% of par, indicating a premium over its face value. The instrument has a maturity date set for August 15, 2029, providing a defined horizon for investors, with coupon payments distributed semi-annually, corresponding to a frequency of two times per year. A minimum purchase size of $2,000 applies to this offering. Furthermore, the bond's credit quality has been assessed by Moody's, which has assigned it an investment-grade rating of Baa3, signaling moderate credit risk relative to higher-rated securities while still affirming a satisfactory capacity to meet its financial obligations.