FS KKR Capital, the listed business development company co-managed by KKR, has secured a fresh $300 capmital commitment from its sponsor as it grapples with mounting credit stress and a continued decline in valuation metrics, according to a report by Reuters.
The support package comes as the vehicle faces increasing pressure from deteriorating loan performance and investor concerns across the listed and non-traded private credit sector. Market sentiment has weakened in recent months amid broader...
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