FS KKR Capital Corp.

FS KKR Capital Corp. held its 2026 Annual Meeting on June 18, 2026, with 134.3M of 280.1M eligible shares voted. Stockholders considered three proposals: election of four Class A directors (Michael Hagan, Jeffrey Harrow, James Kropp, Elizabeth Sandler) for three-year terms through 2029; authorization to sell shares below NAV in future offerings; and authorization to issue warrants/options/rights under 1940 Act Section 61(a)(4). All director nominees were elected by stockholders. Routine annual meeting governance with the notable inclusion of a below-NAV share issuance proposal, which has dilution implications if approved.

FS KKR Capital Corp. entered into the Sixteenth Supplemental Indenture on June 8, 2026 governing $900 million aggregate principal amount of 7.500% Notes due August 1, 2031, paying interest semi-annually on February 1 and August 1 beginning February 1, 2027. The Notes are senior unsecured obligations ranking pari passu with existing unsecured debt and require compliance with BDC asset coverage requirements under the 1940 Act. A Reg FD item (7.01) accompanies, likely covering an investor presentation tied to the offering. This indenture completes the $900M senior note raise alongside the June 1 underwriting agreement, adding significant fixed-rate leverage for the BDC at a 7.5% coupon.

FS KKR Capital Corp. subsidiary CCT Tokyo Funding LLC entered into the Ninth Amendment to its Loan and Servicing Agreement with Sumitomo Mitsui Banking Corporation (as administrative agent and lender) on June 1, 2026, extending the facility's maturity date from June 2, 2026 to September 30, 2026. No other material changes to the facility are described in the excerpt. Routine short-term maturity extension for a subsidiary credit facility — prevents contractual lapse while longer-term refinancing or restructuring is arranged.

FS KKR Capital Corp. signed an underwriting agreement on June 1, 2026 with BofA Securities, BMO Capital Markets, J.P. Morgan Securities, KKR Capital Markets, RBC Capital Markets, and SMBC Nikko Securities America for the issuance and sale of $900 million aggregate principal amount of 7.500% Notes due 2031. This is the underwriting step preceding the Sixteenth Supplemental Indenture (filed June 8; see Job 28), both constituting the same $900M senior note offering. The $900M raise at a 7.5% coupon adds significant fixed-cost leverage for the BDC.

FS KKR Capital Corp. is completing the issuance of $150 million in newly-issued cumulative convertible perpetual preferred stock (Convertible Preferred Stock, liquidation preference $25.00/share) to KKR Alternative Assets L.P. under the May 10, 2026 purchase agreement. This Item 3.02 filing covers the unregistered nature of the preferred issuance; closing is contingent on KKR completing its concurrent $150M tender offer for FSK common shares. The preferred stock is perpetual, convertible, and ranks senior to common stock in dividends and liquidation — a related-party capital transaction with the adviser's affiliate that structurally subordinates FSK common shareholders.

FS KKR Capital Corp. entered a purchase agreement on May 10, 2026 with KKR Alternative Assets L.P. (a KKR-affiliated entity and related party to FSK's adviser) for $150 million of newly-issued cumulative convertible perpetual preferred stock at $25.00/share liquidation preference, ranking senior to common stock; closing is conditioned on KKR completing a concurrent $150M tender offer for FSK common and HSR clearance, with proceeds targeted for share buybacks or debt repayment. The filing also covers Q1 2026 earnings results (Item 2.02) and an investor presentation (Item 7.01). The related-party preferred issuance is structurally senior to common stockholders and involves an affiliate of the external investment adviser.