FS Investment Corporation (NYSE:FSIC) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
FS Investment Corporation (the “Company”) held a Special Meeting of Stockholders (the “Special Meeting”) on March 26, 2018 at which a quorum was present. Stockholders were asked to consider and act upon the following proposals, each of which was described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on January 18, 2018:
| • | Proposal No. 1 – to approve a new investment advisory agreement, by and between the Company and FB Income Advisor, LLC (“FB Income Advisor”), and a new investment advisory agreement, by and between the Company and KKR Credit Advisors (US) LLC (“KKR Credit”), to which FB Income Advisor and KKR Credit will act as investmentco-advisersto the Company (the “Investment Co-Advisory Agreements Proposal”); and |
| • | Proposal No. 2 – to approve a new investment advisory agreement, by and between the Company and FS/KKR Advisor, LLC (the “Joint Advisor”), a newly-formed entity that will be jointly operated by an affiliate of Franklin Square Holdings, L.P. and KKR Credit, to which the Joint Advisor will act as investment adviser to the Company (the “Joint Advisor Investment Advisory Agreement Proposal”). |
The Investment Co-Advisory Agreements Proposal received the requisite number of votes to pass at the Special Meeting.The votes for, votes against, abstentions and broker non-votes are set forth below:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 125,941,065 | 3,310,233 | 6,309,093 |
The Joint Advisor Investment Advisory Agreement Proposal received the requisite number of votes to pass at the Special Meeting.The votes for, votes against, abstentions and broker non-votes are set forth below:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 125,908,112 | 3,329,497 | 6,322,782 |
About FS Investment Corporation (NYSE:FSIC)
FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies. The Company may purchase interests in loans or make other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from target companies as primary market or directly originated investments. The Company invests in a range of industries, including capital goods, consumer services, consumer durables and apparel, energy software and services, materials, commercial and professional services, and diversified financials.
