FS KKR Capital Corp 2025年季度报告

QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934FOR THE QUARTERLY PERIOD ENDEDMARCH 31, 2025 TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF 1934 COMMISSION FILE NUMBER:814-00757_________________________________________________ FS KKR Capital Corp. (Exact name of registrant as specified in its charter)_________________________________________________ Maryland(State of Incorporation)201 Rouse BoulevardPhiladelphia,Pennsylvania(Address of principal executive offices) 26-1630040(I.R.S. Employer Identification Number) 19112(Zip Code) Registrant’s telephone number, including area code: (215)495-1150_______________________________________ Indicate by check mark whether the Registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2)has been subject to suchfiling requirements for the past 90days.YesxNo¨. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit suchfiles).YesxNo¨. Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company oran emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growthcompany” in Rule12b-2 of the Exchange Act. Large accelerated filerxNon-accelerated filer¨ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with anynew or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.¨ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes¨Nox TABLE OF CONTENTS PART I—FINANCIAL INFORMATION ITEM 1.FINANCIAL STATEMENTSConsolidated Balance Sheets as ofMarch 31, 2025(Unaudited) and December 31, 2024Unaudited Consolidated Statements of Operations for the threemonths endedMarch 31, 2025and 2024Unaudited Consolidated Statements of Changes in Net Assets for the threemonths endedMarch 31, 2025and 2024Unaudited Consolidated Statements of Cash Flows for thethreemonths endedMarch31, 2025and 2024Consolidated Schedules of Investments as ofMarch31, 2025(Unaudited) and December 31, 2024Notes to Unaudited Consolidated Financial StatementsITEM 2.MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION ANDRESULTS OFOPERATIONSITEM3.QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISKITEM4.CONTROLS AND PROCEDURES PART II—OTHER INFORMATION ITEM 1.LEGAL PROCEEDINGSITEM 1A.RISK FACTORSITEM 2.UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDSITEM 3.DEFAULTS UPON SENIOR SECURITIESITEM 4.MINE SAFETY DISCLOSURESITEM 5.OTHER INFORMATIONITEM 6.EXHIBITSSIGNATURES PART I—FINANCIAL INFORMATION FS KKR Capital Corp.Consolidated Balance Sheets(in millions, except share and per share amounts) See notes to unaudited consolidated financial statements. Supplemental disclosure of non-cash operating activities: During the three months ended March 31, 2025, the Company contributed $294of investments at fair value to Credit OpportunitiesPartners JV, LLC. FS KKR Capital Corp.Unaudited Consolidated Schedule of Investments (continued)As of March31, 2025(in millions, except share amounts) FS KKR Capital Corp.Unaudited Consolidated Schedule of Investments (continued)As of March31, 2025(in millions, except share amounts) FS KKR Capital Corp.Unaudited Consolidated Schedule of Investments (continued)As of March31, 2025(in millions, except share amounts) (aa)Security is classified as Level 1 or Level 2 in the Company’s fair value hierarchy (see Note 8). (ac)Under the Investment Company Act of 1940, as amended, the Company generally is deemed to be an “affiliated person” of a portfolio company if it owns 5% or more of theportfolio company’s voting securities and generally is deemed to “control” a portfolio company if it owns more than 25% of the portfolio company’s voting securities or it hasthe power to exercise control over the management or policies of such portfolio company. As of March31, 2025, the Company held investments in portfolio companies ofwhich it is deemed to be an “affiliated person” but is not deemed to “control”. The following table presents certain information with respect to investments in portfoliocompanies of which the Company was deemed to be an affiliated person for the three months ended March 31, 2025: See notes to unaudited consolidated financial statements. FS KKR Capital Corp.Unaudited Consolidated Schedule of Investments (cont