FS KKR Capital Corp.

19/11/2024 | Press release | Distributed by Public on 19/11/2024 22:05

Material Agreement Form 8 K

Item 1.01 - Entry into a Material Definitive Agreement.

On November 13, 2024, Ambler Funding LLC ("Ambler Funding"), a wholly-owned, special purpose financing subsidiary of FS KKR Capital Corp. (the "Company") entered into the Third Amendment to Loan and Security Agreement and First Agreement to Account Control Agreement (the "Third Amendment"), which amends that certain Loan and Security Agreement, dated October 10, 2023 (the "Loan Agreement"), by and among Ambler Funding, as borrower, Ally Bank ("Ally Bank"), as administrative agent and arranger, each of the lenders from time to time party thereto, and Wells Fargo Bank, N.A., as collateral administrator, as collateral custodian and as securities intermediary. The Third Amendment provides for, among other things, (i) an extension of the revolving period end date from May 22, 2025, to November 13, 2027, (ii) an extension of the facility termination date from May 22, 2027, to November 13, 2029, (iii) a reduced applicable spread from 275 basis points to 225 basis points, and (iv) certain changes to value adjustment events.

The foregoing description is only a summary of the material provisions of the Third Amendment and is qualified in its entirety by reference to a copy of the Third Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference herein.