July 23, 2017 6:04 AM ET

Capital Markets

Company Overview of FS Investment Corporation

Company Overview

FS Investment Corporation is a business development company specializing in investments in debt securities. It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments. It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans. In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration. It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt in...

201 Rouse Boulevard

Philadelphia, PA 19112

United States

Founded in 2009

Phone:

215-495-1150

Key Executives for FS Investment Corporation

Chairman and Chief Executive Officer
Age: 56
President
Age: 51
Chief Financial Officer
Age: 42
Executive Vice President
Age: 39
Managing Director
Age: 47
Compensation as of Fiscal Year 2017.

FS Investment Corporation Key Developments

FS Investment Corporation Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2017

FS Investment Corporation announced unaudited consolidated earnings results for the first quarter ended March 31, 2017. For the quarter, the company reported total investment income of $106,064 against $103,063 a year ago. Net investment income was $52,590 against $49,938 a year ago. Net increase in net assets resulting from operations was $63,393 or $0.26 basic and diluted per share against net decrease in net assets resulting from operations of $12,097 or $0.05 basic and diluted per share a year ago. GAAP net investment income per share was $0.22 against $0.21 a year ago. Adjusted net investment income per share was $0.22 against $0.21 a year ago.

FS Investment Corporation Declares Regular Distribution for Second Quarter Payable on or About July 5, 2017

FS Investment Corporation board of directors has declared a regular cash distribution for the second quarter of $0.22275 per share, which will be paid on or about July 5, 2017 to stockholders of record as of the close of business on June 21, 2017.

FS Investment Corporation, Annual General Meeting, Jun 14, 2017

FS Investment Corporation, Annual General Meeting, Jun 14, 2017, at 10:00 US Eastern Standard Time. Location: 201 Rouse Boulevard Philadelphia, PA 19112 United States Agenda: To elect the four Class A directors of the company named in the enclosed proxy statement, who will serve for a term of three years and until their successors are duly elected and qualified; to consider and vote upon a proposal to authorize flexibility for the company, with the approval of the company’s board of directors, to offer and sell shares of the company’s common stock, during the next 12 months following stockholder approval, at a price below the then-current net asset value per share, subject to certain limitations described in the proxy statement; and to consider and transact such other business as may properly come before the annual meeting, and any adjournments or postponements thereof.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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