PHILADELPHIA and NEW YORK – May 24, 2021 – FS/KKR Advisor, LLC (FS/KKR), a partnership between FS Investments and KKR Credit Advisors (US), today announced that the shareholders of each of FS KKR Capital Corp. (NYSE: FSK) and FS KKR Capital Corp. II (NYSE: FSKR), two publicly traded business development companies (“BDCs”) advised by FS/KKR,...

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.

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.”

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

Combination Creates Second-Largest Publicly Traded BDC

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

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

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

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

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