KKR · News · 20260809N
FS KKR Capital Support Plan
KKR & Co. Inc. · 2026-08-09 · Importance 71 · Surprise 60 · In source text
KKR is implementing a $600 million support plan with FS KKR Capital to enhance shareholder value and improve the company’s balance sheet. The plan includes a tender offer, a convertible preferred investment from KKR, and an FS KKR Capital share repurchase program. FS KKR Capital has repurchased shares at a weighted average price approximately 41% below quarter-end net asset value, while also pursuing portfolio-quality improvements and leverage reduction.
Key facts
- KKR is participating in a $600 million support plan with FS KKR Capital to enhance shareholder value and improve its balance sheet. source
- As part of the $600 million plan, KKR will provide a convertible preferred investment in FS KKR Capital. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | As part of the $600 million plan, KKR will provide a convertible preferred investment in FS KKR Capital. |
| cash | negative | committed | — | As part of the $600 million plan, KKR will provide a convertible preferred investment in FS KKR Capital. |