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Jun 30, 2021

FS KKR Q2 2021 Earnings Report

Reported strong financial results and consummated merger with FS KKR Capital Corp. II.

Key Takeaways

FS KKR Capital Corp. reported net investment income of $0.77 per share and adjusted net investment income of $0.74 per share for the second quarter ended June 30, 2021. The company's net asset value was $26.84 per share as of June 30, 2021. FSK completed its merger with FS KKR Capital Corp. II on June 16, 2021, creating a premier BDC franchise with approximately $15.7 billion in assets.

Net investment income of $0.77 per share.

Adjusted net investment income of $0.74 per share.

Net asset value of $26.84 per share, an increase of 3.1%.

Total purchases of $8.6 billion versus $1.0 billion of sales and repayments.

Total Revenue
$206M
Previous year: $150M
+37.3%
EPS
$0.74
Previous year: $0.62
+19.4%
Cash and Equivalents
$485M
Total Assets
$15.7B

FS KKR

FS KKR

Forward Guidance

FSK’s board of directors has declared a cash distribution for the third quarter of $0.65 per share, which will be paid on or about October 4, 2021 to stockholders of record as of the close of business on September 15, 2021.