Tender Offer - KKR FS Income Trust
Form Type: SC TO-I/A
Filing Date: 2025-07-07
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465925065996
Filing Summary: KKR FS Income Trust filed Amendment No. 1 to the Tender Offer Statement on Schedule TO on July 7, 2025. This amendment reports the final results of the tender offer which was made to purchase up to 1,662,583 shares of its Class I common shares of beneficial interest at a purchase price equal to the net asset value per share as of June 30, 2025. The offer expired on June 30, 2025, at 11:59 PM ET, with 39,938.469 shares validly tendered and accepted for purchase, representing less than 1% of the total shares outstanding as of March 31, 2025. The filing provides updates while stating that except for the changes noted in the amendment, the previously filed information remains unchanged.
Additional details:
Tender Offer Expiration Date: 2025-06-30
Tender Offer Price: net asset value per share as of June 30, 2025
Shares Validly Tendered: 39,938.469
Percentage Of Total Shares Outstanding: less than 1%
Form Type: SC TO-I
Filing Date: 2025-06-02
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925055273
Filing Summary: KKR FS Income Trust is initiating a tender offer to purchase up to 1,662,583 shares of its Class I common shares of beneficial interest at their net asset value as of June 30, 2025. The shares represent approximately 5% of the outstanding shares as of March 31, 2025. The offer is set to expire on June 30, 2025, unless extended. Shareholders have until 11:59 p.m. Eastern Time on the expiration date to tender their shares. Payment for accepted shares will be made in cash promptly after the net asset value is determined, within 65 days post-expiration. The Company, an externally managed investment firm, is conducting this offer to provide liquidity to its Shareholders, as shares are not traded through a market. The company anticipates it will seek to finance the purchase through additional contributions from Shareholders or borrowing if necessary. The filing contains information regarding the Company's structure, management, and the mechanism for the tender offer while emphasizing that past transactions by officers or Trustees in the shares are not expected to influence the tender offer.
Additional details:
Shareholder Limit: 1662583
Percentage Of Shares Tendered: 5
Shareholder Investment Company: KKR FS Income Trust
Condition To Tender Offer: shareholders must properly tender shares and not withdraw
Contact Name: Michael C. Forman
Contact Address: 201 Rouse Boulevard, Philadelphia, PA 19112
Contact Phone: (215) 495-1150
Purchase Price Terms: net asset value as of June 30, 2025
Payment Terms: cash, promptly by check, ACH or wire transfer
Form Type: SC TO-I/A
Filing Date: 2025-04-03
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465925031541
Filing Summary: This document is an amendment to the Tender Offer Statement on Schedule TO filed by KKR FS Income Trust. The amendment provides final results of the tender offer that expired on March 28, 2025, whereby the company offered to purchase up to 1,402,588 shares of its outstanding Class I common shares at a purchase price equal to the net asset value per share as of March 31, 2025. A total of 18,836.088 shares were validly tendered and accepted for purchase by the company, accounting for less than 1% of the total shares outstanding as of December 31, 2024. The amendment clarifies that this report is not changing any previously filed information and only reports the final results of the tender offer.
Additional details:
Tender Offer Expiration Date: 2025-03-28
Tendered Shares: 18836.088
Accepted Percentage Of Shares: less than 1%
Form Type: SC TO-I
Filing Date: 2025-03-03
Corporate Action: Tender-offer
Type: New
Accession Number: 000110465925019530
Filing Summary: KKR FS Income Trust is initiating a tender offer to purchase up to 1,402,588 of its Class I common shares, representing approximately 5% of the outstanding shares as of December 31, 2024. The purchase is contingent upon shares being properly tendered and not withdrawn by the offer deadline of March 28, 2025, at 11:59 p.m. Eastern Time. The accepted shares will be purchased at their net asset value as of March 31, 2025, or later if the offer is extended. Payment for shares accepted will be made promptly, within 65 days after the expiration of the offer. The offer is made by KKR FS Income Trust itself, which has appointed FS/KKR Advisor, LLC as its investment manager. The document provides significant details regarding the specifics of the tender offer, including terms for participation, conditions, and regulatory compliance. The Company's shares are not traded in any market, and the offer process is outlined to ensure transparency and adherence to applicable regulations.
Additional details:
Subject Company Name: KKR FS Income Trust
Class Of Securities: Common Shares of Beneficial Interest
Cusip Number: 48255N 100
Offer Amount: 1,402,588 Shares
Percentage Of Outstanding Shares: 5%
Net Asset Value Date: March 31, 2025
Expiration Date: March 28, 2025
Form Type: SC TO-I/A
Filing Date: 2025-01-06
Corporate Action: Tender-offer
Type: Update
Accession Number: 000110465925001086
Filing Summary: This amendment to the Tender Offer Statement on Schedule TO filed by KKR FS Income Trust updates the details of a tender offer for its Class I common shares. The tender offer aimed to purchase up to 1,043,143 shares at the net asset value per share as of December 31, 2024. The offer expired on December 30, 2024, and no shares were tendered by shareholders, resulting in no shares being accepted for purchase. This amendment serves to report these final results of the tender offer and states that the information from the original Schedule TO remains unchanged unless specified. The filing includes details of the offer, its terms, and who to contact regarding the tender offer.
Additional details:
Title Of Class: Common Shares of Beneficial Interest, par value $0.01 per share
Cusip Number: 48255N 100
Final Results Received: No Shares were tendered by Shareholders in connection with the Offer.
Expiration Time: 11:59 p.m., Eastern Time, on December 30, 2024
Offering Amount: 1,043,143 shares
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