FS/KKR Closes $9.5 Billion Merger Creating Second Largest Business Development Company

FS KKR Capital Corp. II (FSKR), a leading business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies, announced today that its shares of common stock commenced trading on the New York Stock Exchange (NYSE) under the ticker symbol “FSKR.”

FS/KKR announces shareholder approval of mergers of non-traded BDCs, combined company to be renamed FS KKR Capital Corp. II

FS Investment Corporation to Be Renamed FS KKR Capital Corp. and Trade under Ticker Symbol FSK on NYSE

Steven Lilly appointed Chief Financial Officer of FS/KKR-Advised BDCs; Brian Gerson and Daniel Pietrzak Appointed Co-Presidents; Drew O’Toole and Ryan Wilson Appointed Co-Chief Operating Officers

Combination expected to create second largest BDC, with over $9 billion in assets, enhanced portfolio diversification and lower operating costs

Combination Creates Second-Largest Publicly Traded BDC

Combination of FSIC and CCT to Create Second Largest Publicly-Traded BDC

FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US), today announced the completion of the merger between FS KKR Capital Corp. (NYSE: FSK) and FS KKR Capital Corp. II (NYSE: FSKR). The combined company will operate as FS KKR Capital Corp. and continue to trade on the New York Stock Exchange under the ticker “FSK.”

FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit that serves as the investment adviser to six business development companies (BDCs), announced today that a new $3.435 billion, five-year senior secured omnibus revolving credit facility that matures in August 2023 has closed.