FS Investment Corporation Form 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (noted in metadata as FS KKR Capital Corp) on November 15, 2010, reporting events occurring on November 9, 2010. The filing primarily addresses the declaration of cash distributions by the Board of Directors.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only specific financial data disclosed relates to shareholder distributions:
- Regular Semi-Monthly Distributions: Two distributions of $0.032156 per share each.
- Special One-Time Distribution: $0.07 per share.
- Total Declared Distribution: $0.134312 per share ($0.032156 + $0.032156 + $0.07).
- Payment Date: November 30, 2010.
- Record Dates: November 14, 2010 (for the first regular and special distributions) and November 29, 2010 (for the second regular distribution).
Material Changes
The filing does not disclose material changes in operations, financial condition, or results of operations compared to prior periods. The primary event is the declaration of the aforementioned distributions.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, risk factors, or contingencies. It references a press release (Exhibit 99.1) for further details, but the content of that press release is not included in the provided text.
Investor Verification Checklist
- Verify the total cash distribution amount of $0.134312 per share against the company's cash position.
- Confirm the record dates (November 14 and November 29, 2010) to ensure eligibility for the distributions.
- Review the attached press release (Exhibit 99.1) for context on the special one-time distribution.
- Note that the registrant name in the filing header is "FS Investment Corporation," which may differ from the metadata name "FS KKR Capital Corp."