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FS



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The $12.3 billion fund—a business-development company called FS KKR Capital FSK -1.00%decrease; red down pointing triangle —has been under pressure since last year, when it disclosed its largest investment was underwater.

From The Wall Street Journal • May 11, 2026

Two credit-ratings firms downgraded FS KKR Capital’s bonds to junk status in recent months and the fund was forced to renegotiate the terms of a large loan from JPMorgan Chase and other banks.

From The Wall Street Journal • May 11, 2026

FS KKR shares have been hammered this year, falling about 25% to $10.50 a share and trading for a roughly 50% discount to the BDC’s year-end 2025 net asset value.

From Barron's • Apr. 4, 2026

The FS KKR Capital BDC bonds have some of the highest yields in the sector at around 7.5%.

From Barron's • Apr. 4, 2026

Draw ES, FS, to point of sight; from C and D raise verticals CG, DH, till they meet vanishing lines ES, FS, in G and H, and the cube is complete.

From The Theory and Practice of Perspective by Storey, G. A. (George Adolphus)




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