Moody’s rates FS KKR notes Baa3

Moody's Investors Service said it assigned a Baa3 issuer rating to FS KKR Capital Corp.

The agency also assigned Baa3 ratings to FSK's senior unsecured notes maturing July 2019, January 2020, May 2022 and June 2022.

The outlook is stable.

Moody's said the ratings are based on FSK's competitive positioning as one of the largest business development companies, its conservative capital management, strong combined record of profitability of its predecessor companies, the diversity of its lending portfolio, and its well-distributed debt maturities.

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