Moody’s alters FS KKR view to stable

Moody’s Investors Service said it affirmed FS KKR Capital Corp.’s Baa3 long-term issuer and senior unsecured ratings and revised its outlook to stable from negative.

“While the ratings affirmation reflects no change to FSK’s stand-alone assessment, the revision of the outlook to stable from negative is based on Moody’s expectations that more favorable operating conditions will contribute to improved strength and stability of asset quality, profitability and leverage over the next 12-18 months,” Moody’s said in a press release.

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