FS KKR Capital Corp. Files 8-K on Definitive Agreement

TL;DR

FS KKR Capital Corp. signed a new material definitive agreement on 12/18/2025.

AI Summary

FS KKR Capital Corp. filed an 8-K on December 23, 2025, reporting on events that occurred on December 18, 2025. The filing primarily concerns the entry into a material definitive agreement and includes financial statements and exhibits. The company, formerly known as FS Investment Corp., is incorporated in Maryland.

Why It Matters

This 8-K filing indicates a significant new agreement for FS KKR Capital Corp., which could impact its financial operations and strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial performance and stock price.

Key Players & Entities

• FS KKR Capital Corp. (company) — Registrant
• FS Investment Corp. (company) — Former company name
• December 18, 2025 (date) — Date of earliest event reported
• December 23, 2025 (date) — Filing date
• Maryland (jurisdiction) — State of incorporation

FAQ

Key Financial Figures

• $389,500,000 — al Corp. (the " Company "), completed a $389,500,000 term debt securitization (the " CLO Tra
• $125,500,000 — ted through a private placement of: (i) $125,500,000 of Class A-1 Senior Secured Floating Ra
• $150,000,000 — tenor of three months plus 1.47%; (ii) $150,000,000 of Class A-1 Senior Secured Floating Ra
• $19,000,000 — e convertible to Class A-1 Notes; (iii) $19,000,000 of Class A-2 Senior Secured Floating Ra
• $35,625,000 — interest at Term SOFR plus 1.65%; (iv) $35,625,000 of Class B Senior Secured Floating Rate
• $33,250,000 — r interest at Term SOFR plus 1.80%; (v) $33,250,000 of Class C Secured Deferrable Floating
• $26,125,000 — erest at Term SOFR plus 2.10%; and (vi) $26,125,000 of Class D Secured Deferrable Floating
• $87.1 million — nd had a nominal value of approximately $87.1 million as of the Closing Date. The Debt is sch

Filing Documents

• tm2534133d1_8k.htm (8-K) — 34KB
• tm2534133d1_ex10-1.htm (EX-10.1) — 1711KB
• tm2534133d1_ex10-2.htm (EX-10.2) — 138KB
• tm2534133d1_ex10-3.htm (EX-10.3) — 200KB
• tm2534133d1_ex10-4.htm (EX-10.4) — 402KB
• tm2534133d1_ex10-5.htm (EX-10.5) — 387KB
• 0001104659-25-124199.txt ( ) — 3633KB
• fsk-20251218.xsd (EX-101.SCH) — 3KB
• fsk-20251218_def.xml (EX-101.DEF) — 26KB
• fsk-20251218_lab.xml (EX-101.LAB) — 35KB
• fsk-20251218_pre.xml (EX-101.PRE) — 24KB
• tm2534133d1_8k_htm.xml (XML) — 4KB

01

Item 1.01. Entry into a Material Definitive Agreement. On December 18, 2025 (the " Closing Date "), KKR - FSK CLO 3 LLC (the " Issuer "), a Delaware limited liability company and a wholly owned and consolidated special purpose financing subsidiary of FS KKR Capital Corp. (the " Company "), completed a $389,500,000 term debt securitization (the " CLO Transaction "). The debt offered by the Issuer in the CLO Transaction (the " Debt ") is secured by a diversified portfolio of the Issuer consisting primarily of middle market loans and participation interests in middle market loans and may also include some broadly syndicated loans and permitted non-loan assets. The CLO Transaction was executed through a private placement of: (i) $125,500,000 of Class A-1 Senior Secured Floating Rate Notes (" Class A-1 Notes "), which bear interest at Term SOFR for a tenor of three months plus 1.47%; (ii) $150,000,000 of Class A-1 Senior Secured Floating Rate Loans (" Class A-1 Senior Floating Rate Loans "), which bear interest at Term SOFR plus 1.47% and which are convertible to Class A-1 Notes; (iii) $19,000,000 of Class A-2 Senior Secured Floating Rate Notes (" Class A-2 Notes "), which bear interest at Term SOFR plus 1.65%; (iv) $35,625,000 of Class B Senior Secured Floating Rate Notes (" Class B Notes "), which bear interest at Term SOFR plus 1.80%; (v) $33,250,000 of Class C Secured Deferrable Floating Rate Notes (" Class C Notes "), which bear interest at Term SOFR plus 2.10%; and (vi) $26,125,000 of Class D Secured Deferrable Floating Rate Notes (" Class D Notes "), which bear interest at Term SOFR plus 3.15%. The Company has held 100% of the membership interests (the " Membership Interests ") in the Issuer since the Issuer's formation on September 11, 2025. The Membership Interests do not bear interest and had a nominal value of approximately $87.1 million as of the Closing Date. The Debt is scheduled to mature on January 15, 2038. The Class A-1 Notes, the Class A-2 Notes, th

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits EXHIBIT NUMBER DESCRIPTION 10.1* Indenture, dated as of December 18, 2025 by and between KKR - FSK CLO 3 LLC and U.S. Bank Trust Company, National Association. 10.2* Loan and Sale Agreement, dated as of December 18, 2025 among KKR - FSK CLO 3 LLC and FS KKR Capital Corp. 10.3 Portfolio Management Agreement, dated as of December 18, 2025 among KKR - FSK CLO 3 LLC and FS KKR Capital Corp. 10.4* Class A-1 Credit Agreement, dated as of December 18, 2025 among KKR - FSK CLO 3 LLC, the lenders party thereto and U.S. Bank Trust Company, National Association. 10.5* Class A-1 Credit Agreement, dated as of December 18, 2025 among KKR - FSK CLO 3 LLC, the lenders party thereto and U.S. Bank Trust Company, National Association. 104 Cover page interactive data file (embedded within the Inline XBRL document). * Certain schedules have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish supplementally a copy of any omitted schedule to the SEC upon its request. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FS KKR Capital Corp. Date: December 23, 2025 By: /s/ Stephen Sypherd Name: Stephen Sypherd Title: General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR