---
title: "FS KKR Capital Raises $150 Million via Series A Convertible Preferred From KKR"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291191438.md"
description: "FS KKR Capital raised $150 million by selling 6 million shares of Series A Cumulative Convertible Perpetual Preferred Stock to KKR Alternative Assets at $25 per share. Proceeds will support general corporate purposes, including potential common stock repurchases and debt repayment. The company also executed a Registration Rights Agreement with KKR, granting demand and piggyback rights and requiring a Form N-2 shelf from December 29, 2026, to facilitate resales."
datetime: "2026-06-29T21:13:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291191438.md)
  - [en](https://longbridge.com/en/news/291191438.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291191438.md)
generator: "portal-rs"
---

# FS KKR Capital Raises $150 Million via Series A Convertible Preferred From KKR

FS KKR Capital completed a $150.0 million capital raise through the sale of 6,000,000 shares of Series A Cumulative Convertible Perpetual Preferred Stock to KKR Alternative Assets at $25.00 per share. Proceeds will support general corporate purposes, including potential common stock repurchases and debt repayment. In connection with the closing, the company also executed a Registration Rights Agreement granting KKR demand and piggyback rights and requiring a Form N-2 shelf from December 29, 2026, to facilitate resales of conversion shares and certain other holdings.

**Agreement 1: FS KKR Capital Raises $150 Million via Series A Convertible Preferred From KKR**

-   **Agreement type**: Purchase Agreement for Series A Cumulative Convertible Perpetual Preferred Stock
-   **Counterparty**: KKR Alternative Assets
-   **Signed / Effective**: May 10 2026 / Jun 29 2026
-   **Duration / Termination**: At will
-   **Reason**: Strengthen capital and fund buybacks or debt repayment

**Agreement 2: FS KKR Capital Grants Registration Rights to KKR for Convertible Preferred and Related Shares**

-   **Agreement type**: Registration Rights Agreement
-   **Counterparty**: KKR Alternative Assets
-   **Signed / Effective**: Jun 29 2026 / Jun 29 2026
-   **Duration / Termination**: Until all registrable securities are sold
-   **Reason**: Provide liquidity and resale flexibility for investor

Original SEC Filing: FS KKR Capital Corp \[ FSK \] - 8-K - Jun. 29, 2026

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**