• FS KKR Capital entered a private placement agreement dated May 10, 2026 with KKR Alternative Assets for USD 150 million of newly issued cumulative convertible perpetual preferred stock.
• Closing tied to expiration of KKR Alternative Assets’ concurrent third-party tender offer for up to USD 150 million of common stock.
• Transaction also requires Hart-Scott-Rodino clearance; closing expected on 11th business day following tender offer expiration.
• Preferred shares sold in unregistered offering under Section 4(a)(2) of Securities Act.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FS KKR Capital Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-059471), on May 12, 2026, and is solely responsible for the information contained therein.