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EX-99.1 - PRESS RELEASE - FS KKR Capital Corpex-99_1.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C.  20549
__________________________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

 
Date of Report (Date of earliest event reported):  February 9, 2012

FS Investment Corporation

(Exact name of Registrant as specified in its charter)

 
Maryland
(State or other jurisdiction
of incorporation)
 
814-00757
(Commission
File Number)
 
26-1630040
(I.R.S. Employer
Identification No.)

Cira Centre
2929 Arch Street, Suite 675
Philadelphia, Pennsylvania
(Address of principal executive offices)
 
 
19104
(Zip Code)

Registrant’s telephone number, including area code: (215) 495-1150


None
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 
 
 


 
Item 2.02.
Results of Operations and Financial Condition.

On February 9, 2012, the board of directors (the “Board”) of FS Investment Corporation (the “Company”) approved an increase in the Company’s public offering price from $10.65 per share to $10.70 per share.  This increase in the public offering price will be effective as of the Company’s February 16, 2012 semi-monthly closing and will first apply to subscriptions received from February 1, 2012 through February 15, 2012.

The purpose of this action was to ensure that the Company’s net asset value per share does not exceed the Company’s offering price per share, after deduction of selling commissions and dealer manager fees, as required by the Investment Company Act of 1940, as amended.

In addition, on February 9, 2012, the Board declared two regular semi-monthly cash distributions of $0.033594 per share each.  Both distributions will be paid on February 29, 2012, the first to stockholders of record on February 15, 2012 and the second to stockholders of record on February 28, 2012.

A copy of the press release announcing the foregoing is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01.
Financial Statements and Exhibits.

(d)  Exhibits.
 
EXHIBIT
NUMBER
 
DESCRIPTION
     
  Press release dated February 15, 2012.

 
 
 

 
SIGNATURE
 
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
 
   
   
 
FS Investment Corporation
   
   
   
Date:
February 15, 2012
 
By:
/s/ Michael C. Forman
     
Michael C. Forman
     
President and Chief Executive Officer
 
 
 

 
EXHIBIT INDEX
 
 
EXHIBIT
NUMBER
 
DESCRIPTION
     
  Press release dated February 15, 2012.