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FS KKR Capital Secures $4.7 Billion Credit Agreement

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FS KKR Capital Secures $4.7 Billion Credit Agreement

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An announcement from FS KKR Capital ( (FSK) ) is now available.

On July 16, 2025, FS KKR Capital Corp. entered into a third amended and restated senior secured revolving credit agreement with JPMorgan Chase Bank and ING Capital LLC, among others. This agreement allows for borrowings up to $4.7 billion with an option for an additional $2.35 billion and includes provisions for issuing letters of credit. The facility’s availability will terminate in 2029, with loans maturing in 2030. The agreement includes mandatory prepayment conditions, interest rate structures based on borrowing base tests, and various financial covenants, including maintaining a minimum shareholders’ equity and a 150% asset coverage ratio. The facility is secured by a first priority security interest in the assets of the company and its subsidiaries.

The most recent analyst rating on (FSK) stock is a Hold with a $19.75 price target. To see the full list of analyst forecasts on FS KKR Capital stock, see the FSK Stock Forecast page.

Spark’s Take on FSK Stock

According to Spark, TipRanks’ AI Analyst, FSK is a Neutral.

FS KKR Capital’s stock score reflects a cautious outlook. The primary concerns are the zero revenue reported, which signals significant operational challenges, and the mixed results from the earnings call. The strong cash flow and improved balance sheet provide some stability, and the attractive valuation offers potential for income-focused investors. However, technical indicators suggest caution as the stock may face downward pressure.

To see Spark’s full report on FSK stock, click here.

More about FS KKR Capital

Average Trading Volume: 1,157,513

Technical Sentiment Signal: Strong Buy

Current Market Cap: $6.27B

For a thorough assessment of FSK stock, go to TipRanks’ Stock Analysis page.

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