10/28/2024 | Press release | Distributed by Public on 10/28/2024 14:09
Item 8.01 | Other Events. |
On October 28, 2024, KKR FS Income Trust (the "Company") directed that written notices of redemption be issued to the holders of its 12.0% Series A Cumulative Preferred Shares, par value $0.001 per share (the "Series A Preferred Shares"), regarding the Company's exercise of its option to redeem all of the 515 issued and outstanding shares of Series A Preferred Shares, pursuant to Article IV of that certain Supplement to the Amended and Restated Declaration of Trust of KKR FS Income Trust Relating to 12.0% Series A Cumulative Preferred Shares, dated April 3, 2023 (the "Preferred Shares Supplement"). The Company intends to redeem all of its issued and outstanding shares of Series A Preferred Shares on or about November 27, 2024 (the "Redemption Date"). In accordance with the Preferred Shares Supplement, the shares of Series A Preferred Shares will be redeemed at a price equal to $1,000.00 per share, plus all accrued and unpaid dividends thereon to and including the Redemption Date and a $100 redemption premium per share.