FS KKR Capital Corp. FSK NYSE

FS KKR Capital Corp. is a business development company that provides customized credit solutions to private middle-market U.S. companies with annual revenues between $10 million and $2.5 billion. The firm primarily invests in senior secured debt and, to a lesser extent, subordinated debt, along with equity interests such as warrants and options received as additional consideration. It targets companies with annual EBITDA of $50 million to $100 million and sources investments through both primary market transactions directly from companies and secondary market purchases. The company focuses on established middle-market businesses rather than start-ups or turnaround situations, and executes exits through secondary market sales, repayment, initial public offerings, mergers, or recapitalizations.