FS Investment Corporation 8-K Summary
Business Context and Reporting Period
FS Investment Corporation (a BDC formerly known as FS KKR Capital Corp) filed this Current Report on Form 8-K on November 9, 2017. The filing references the Company's operating results for the quarter ended September 30, 2017, which were detailed in a press release attached as Exhibit 99.1.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. These metrics are contained within the referenced press release (Exhibit 99.1) and are not explicitly stated in the body of this 8-K.
Material Changes and Announcements
- Distribution Announcement: The Company declared a regular cash distribution of $0.19 per share.
- Payment Details: The distribution is payable on or about January 3, 2018 (noted as January 3, 2017 in the source text, likely a typo given the filing date) to stockholders of record as of December 20, 2017.
- Investor Relations: A presentation regarding Q3 2017 results was made available on the Company's website in advance of a conference call scheduled for November 10, 2017.
Guidance, Outlook, and Risks
The filing includes standard forward-looking statements regarding future performance, noting that actual results may differ due to economic changes, operational disruptions, terrorism, natural disasters, regulatory changes, and stock price volatility. The Company explicitly states it undertakes no obligation to update these statements.
Key Facts for Investor Verification
- Verify the exact payment date for the $0.19 per share distribution, as the source text lists "January 3, 2017" which conflicts with the November 2017 filing date.
- Review the attached Press Release (Exhibit 99.1) for specific Q3 2017 financial results, including net investment income and portfolio yield.
- Confirm the record date of December 20, 2017, to determine eligibility for the upcoming distribution.