Tender offers for FS KKR Capital Corp. II have been suspended as we work towards a liquidity event for the fund. Visit fsproxy.com  for more information.

Tender offers for FS Energy and Power Fund have been suspended indefinitely. Visit fsinvestments.com for more information.

Announcing the quarterly tender offers for FSGCO

FSGCO–A, FSGCO–D, FSGCO-T, FSGCO–T2 and FSGCO–ADV currently anticipate:

  • Mailing Q2 2020 tender offer documentation to shareholders around June 2, 2020
  • Tender offers expiring at 4:00 PM ET on July 1, 2020, unless extended

Check back in early June, 2020 for more information.


FS KKR tender information

FSGCO tender information

FSEP tender information

 

FS KKR Capital Corporation II tender information

Tender offers of FS KKR Capital Corporation II have been suspended as we work towards a liquidity event for the fund. Visit fsproxy.com for more information.

 

FSGCO tender information

Tender offer window now open for FSGCO-A, FSGCO-D, FSGCO-ADV, FSGCO-T, and FSGCO-T2 and set to expire at 4pm ET on July 1, 2020.

Shareholders of FSGCO’s feeder funds who wish to participate in the tender must submit a properly completed and executed Letter of Transmittal by 4:00 p.m. ET, on July 1, 2020, unless the Offer is extended, either online or by mail using the instructions set forth below:

Submitting requests online

  • Visit www.shareholder.broadridge.com/fs
  • Log in to the website using the 16-digit tender control number which was sent to investors and the PIN (last four digits of the primary owner’s Social Security number or tax ID).
  • Initiate and enter requested information
  • Follow submission instructions

Submitting requests by mail
FS Investments
c/o Broadridge Corporate Issuer Solutions, Inc.
51 Mercedes Way
Edgewood, NY 11717

Contact FS Investments with questions
Phone: 1-877-628-8575
Hours: Monday to Friday: 9:00 a.m. to 6:00 p.m. ET

Samples of the tender documents can be found below:

Sample investor forms
FS Global Credit Opportunities Fund-A (FSGCO-A)
FS Global Credit Opportunities Fund-D (FSGCO-D)
FS Global Credit Opportunities Fund-T (FSGCO-T) 
FS Global Credit Opportunities Fund-ADV (FSGCO-ADV) 
FS Global Credit Opportunities Fund-T2 (FSGCO-T2) 

LPL sample investor forms
FS Global Credit Opportunities Fund-A (FSGCO-A) 
FS Global Credit Opportunities Fund-D (FSGCO-D) 
FS Global Credit Opportunities Fund-T (FSGCO-T) 
FS Global Credit Opportunities Fund-ADV (FSGCO-ADV)  

Ameriprise investor forms 
FS Global Credit Opportunities Fund-A (FSGCO-A) 
FS Global Credit Opportunities Fund-T (FSGCO-T) 

Frequently asked questions

  1. When is the deadline for tender request submissions?
    The notices will be mailed to investors starting on June 2, 2020 and all completed requests/documents must be received no later than July 1, 2020 at 4:00 p.m. ET.

  2. When will the proceeds be sent to investors?
    Each fund expects to send proceeds in mid-July 2020.
    • Checks are sent via USPS and usually arrive within 7 to 10 days after mailing.
    • Proceeds sent to brokerage accounts may take 7-10 days to appear in accounts.
    • Proceeds sent via ACH to a bank account are typically credited to the bank account in 3 to 5 days.

  3. Will tenders be prorated for Q2 and how is it calculated?
    Whether or not a Company’s tender will be prorated cannot be determined at this time. Each fund has a specified number of shares it can repurchase each quarter. All valid tender requests received prior to the expiration date of the repurchase offer will be considered. If the amount of repurchase requests exceeds the number of shares a fund seeks to repurchase, such funds will repurchase shares on a pro rata basis. 


FSEP tender information

Recent market events have impacted the financial markets and significantly disrupted U.S. and global economies, including energy markets.

Given current market conditions, the Board of Trustees for FS Energy & Power Fund, in consultation with FS/EIG Advisor, has determined to make the changes noted below in order to retain capital, enhance the fund’s liquidity and support its portfolio companies.
The board has determined to: 

  • Suspend the payment of distributions following the payment of the regular monthly distribution for March, payable on or around March 31. FS/EIG and the board expect the suspension to remain in place until market conditions and the fund’s financial condition are supportive.

  • Suspend the fund’s share repurchase program. As a result, no shares will be repurchased by the fund at this time. FS/EIG and the board will assess the ability to recommence the quarterly tender offers in the future based on market conditions and the fund’s financial condition.

FS/EIG Advisor has elected to defer the payment of 74.9% of the management fees to which it is entitled for services provided during Q1 2020 and thereafter until FS/EIG Advisor notifies the fund that it no longer intends to defer payments.
The following resources have been prepared to help address questions you may have: