FS Investment Corporation 8-K Summary
Business Context and Reporting Period
This Form 8-K was filed by FS Investment Corporation (referred to in metadata as FS KKR Capital Corp) on January 13, 2011. The report covers corporate governance updates and the declaration of cash distributions made by the Board of Directors on this date.
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 is the declaration of two regular semi-monthly cash distributions of $0.032156 per share each. These distributions are scheduled for payment on January 31, 2011, to stockholders of record as of January 14, 2011, and January 28, 2011.
Material Changes
There are no material changes to financial operations reported in this filing. The significant changes relate to corporate governance and leadership structure:
- Formation of a new Nominating and Corporate Governance Committee.
- Appointment of David J. Adelman as Vice Chairman.
Guidance, Outlook, and Management Commentary
The filing contains no forward-looking guidance, outlook, or management commentary regarding future financial performance. The primary focus is on the execution of corporate governance duties and the distribution of capital to shareholders. No risks, contingencies, or unusual items are disclosed in the text provided.
Investor Verification Checklist
- Verify the exact payment date of January 31, 2011, for the declared distributions.
- Confirm the record dates of January 14, 2011, and January 28, 2011, for eligibility to receive the two separate semi-monthly distributions.
- Review the attached press release (Exhibit 99.1) for any additional context on the distribution policy not included in the 8-K text.
- Confirm the independence status of the new Nominating and Corporate Governance Committee members (Thomas J. Gravina, Jeffrey K. Harrow, and Michael Heller).