FS KKR Capital Corp. announced that its wholly-owned subsidiary, Callowhill Street Funding LLC, has entered into a revolving credit facility agreement with the Canadian Imperial Bank of Commerce and other lenders. The Callowhill Revolving Credit Facility, effective June 2, 2025, allows for borrowings up to $400 million. Interest on the borrowings will accrue at a rate of 1.75% per annum plus applicable rates depending on the currency borrowed. The facility includes a non-usage fee and has a revolving period until June 2, 2028, with maturities due on June 3, 2030. This agreement is non-recourse to FS KKR Capital Corp., limiting the company's exposure to its investment in Callowhill.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FS KKR Capital Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-057292), on June 06, 2025, and is solely responsible for the information contained therein.