KKR Tender Offer Clears Antitrust Hurdle, Deadline Extended
FSK is trading near its 52-week low of $9.72 (12% above the low).
Summary
KKR's $150 million tender offer for FS KKR Capital Corp. shares has cleared its antitrust hurdle, and the deadline for shareholders to tender shares has been extended.
Key Events · Ownership and Investor Activity · FSK
-
Antitrust Condition Satisfied
The waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, satisfying a key condition for KKR Alternative Assets' $150 million tender offer for FSK shares.
-
Tender Offer Expiration Extended
The expiration date for the tender offer has been extended from June 9, 2026, to June 11, 2026, at 11:59 p.m. New York City time.
-
Tendered Shares Update
As of June 4, 2026, approximately 413,270 shares have been validly tendered and not withdrawn, representing about 3% of the maximum shares sought in the offer.
Analysis · FSK · Unknown
This amendment confirms that a key antitrust condition for KKR Alternative Assets' $150 million tender offer for FSK shares has been satisfied, allowing the offer to proceed. The expiration date has been extended, and an update on tendered shares was provided. This is a material step forward in the execution of the previously announced capital strategy involving KKR, removing a significant regulatory uncertainty for the transaction.
At the time of this filing, FSK was trading at $10.84 on NYSE in the Unknown sector, with a market capitalization of approximately $3.1B. The 52-week trading range was $9.72 to $22.68. This filing was assessed with neutral market sentiment and an importance score of 8 out of 10.