FS KKR Capital Corp
FSK|BDC|CIK: 1422559
AGENCY SAYS
Moody'sBBB-
S&PBBB-
FitchBBB-
OutlookStable
NICK SAYS
Nick's Mark0.65
FCF Conv.55%
LTV Est.68%
"Portfolio concentration risk in middle market direct lending"
CROWD SAYS
Upgrade
0.0%
Hold
40.0%
Downgrade 1
35.0%
Downgrade 2+
18.0%
Default
7.0%
Implied RatingBB+
Implied Spread+480bps
PER-AGENCY DOWNGRADE ODDS — Q2 2026
Moody's
30.0%
S&P
25.0%
Fitch
35.0%
WHO DOWNGRADES FIRST?
Moody's
30.0%
30¢
S&P
20.0%
20¢
Fitch
35.0%
35¢
None
15.0%
15¢
MARKETS (4) — click to expand