KKR Tender Offer for FSK Shares Clears Antitrust Hurdle, Extended to June 11
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 review, moving closer to completion, with the deadline extended to June 11.
Key Events · Ownership and Investor Activity · FSK
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Antitrust Condition Satisfied
The Hart-Scott-Rodino waiting period for KKR's tender offer expired on June 4, 2026, fulfilling a key regulatory condition for the transaction.
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Tender Offer Extended
The deadline for KKR's $150 million tender offer to purchase FSK common stock has been extended from June 9, 2026, to June 11, 2026.
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Shares Tendered Update
As of June 4, 2026, approximately 413,270 shares, valued at about $4.5 million at the offer price of $11.00 per share, have been validly tendered.
Analysis · FSK · Unknown
This amendment confirms that the Hart-Scott-Rodino antitrust waiting period for KKR's $150 million tender offer for FS KKR Capital Corp. shares has expired, satisfying a key condition. The offer's expiration date has been extended, and approximately $4.5 million worth of shares have been tendered so far. This update removes a regulatory uncertainty for the tender offer, which is part of a broader strategy to enhance shareholder value following recent financial challenges.
At the time of this filing, FSK was trading at $10.91 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 7 out of 10.