Fs Kkr Capital ( (FSK) ) has released its Q2 earnings. Here is a breakdown of the information Fs Kkr Capital presented to its investors.
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FS KKR Capital Corp. is a publicly traded business development company focused on providing customized credit solutions to private middle market U.S. companies, primarily investing in senior secured debt. The company is advised by FS/KKR Advisor, LLC, a partnership between Future Standard and KKR Credit.
In its second quarter of 2025 earnings report, FS KKR Capital Corp. announced a distribution of $0.70 per share for the third quarter. The company reported a net investment income of $0.62 per share, a decrease from the previous quarter, and a net asset value of $21.93 per share, down from $23.37.
Key financial metrics showed a total net realized and unrealized loss of $1.36 per share, a significant increase from the previous quarter’s loss of $0.24 per share. The net debt to equity ratio rose to 120%, and the company completed total purchases of $1,400 million against $1,650 million in sales and repayments. The weighted average annual yield on accruing debt investments slightly decreased to 10.8%.
Despite the challenges faced during the quarter, including issues with four portfolio companies, FS KKR Capital Corp. remains focused on expanding its investment portfolio and managing its capital structure. The company recently increased its Senior Secured Revolving Credit Facility to $4.7 billion, extending the maturity date to 2030.
Looking ahead, FS KKR Capital Corp. aims to continue growing its investment portfolio while actively managing its capital structure, despite the ongoing challenges in the market. The company remains committed to providing value to its shareholders through strategic investments and financial discipline.