$FSK

FS KKR Capital Corp (FSK): Entry into a Material Definitive Agreement

FS KKR Capital Corp (FSK) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. EX-4.1 2 tm2617105d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 Execution Version SIXTEENTH SUPPLEMENTAL INDENTURE between FS KKR CAPITAL CORP. and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, as Trustee Dated as of June 8, 2026 SIXTEENTH SUPPLEMENTAL INDENTURE THIS SIXTEENTH SUPPLEMENT

Original reporting
Published Jun 8, 2026, 8:30 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jun 9, 2026, 8:47 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefCorporate actions
Primary signal
$FSK
Neutral
medium confidence
Mentioned
$FSK
Relevance
6/10
alphai data visualization · based on SEC EDGAR 8-K
Decision brief

The 30-second read

$FSKNeutralMed
01

Why it matters

The supplemental indenture establishes the terms of $900M 7.500% Notes due 2031, including interest accrual and payment mechanics, which can change FSK’s capital structure and interest expense profile.

02

Market read

This is a primary-source debt-issuance disclosure that can move FSK’s credit perception and debt/credit spreads, even without guidance or earnings numbers.

03

What to watch

Traders will want the actual issuance pricing/yield, expected use of proceeds, and any covenants/ratings commentary—none are included in the excerpt.

Relevance 6/10Novelty 8/10Timing: after-hours / filed June 8, 2026

Background

The 8-K reports entry into a material definitive agreement via a supplemental indenture governing issuance of senior notes under an existing 2014 base indenture.

Company-level read

Ticker impact

$FSKNeutralMedium confidence
Context

FSK entered a Sixteenth Supplemental Indenture to issue $900,000,000 of 7.500% Notes due 2031, creating new direct financial obligation.

Expected impact

Likely modest, two-sided reaction: debt issuance can pressure credit metrics, but fixed-rate terms may be viewed as funding/terming-out.

Evidence & confidence

The filing discloses the size, coupon (7.500%), and maturity (2031) but provides no proceeds use, pricing/yield, or immediate earnings impact; market reaction will depend on issuance economics and balance-sheet context.

Market effects

Adds to the broader CLO/credit-funding tape where terming-out via fixed-rate notes can influence sector funding-cost expectations.

Limited; primarily US credit markets and FSK-specific credit spreads.

Low; this is a company-specific capital markets transaction.

Counterpoint

If the notes were priced favorably versus recent market levels, the fixed coupon could be credit-positive despite leverage optics.

Key entities

  • FS KKR Capital Corp

    Company executing the Sixteenth Supplemental Indenture to issue 7.500% Notes due 2031.

  • U.S. Bank Trust Company, National Association

    Trustee under the indenture for the notes issuance.

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