Ropes & Gray Advises Initial Purchasers, Underwriters in $2 Billion in Debt Offerings

In The News
November 22, 2024
Attorneys:

Ropes & Gray represented the underwriters in FS KKR Capital Corp.’s $600 million registered investment-grade notes offering. The transaction closed on Nov. 20. The firm also advised the initial purchasers in two separate bond offerings: a $400 million bond offering for Apollo Debt Solutions BDC and a $1 billion bond offering for Blackstone Private Credit Fund in two tranches of notes worth $400 million and $600 million. Those transactions closed on Nov. 21 and Nov. 22, respectively.

FSK, Apollo Debt Solutions BDC and Blackstone Private Credit Fund are business development companies that provide credit solutions to middle market companies.  

The deal teams were led by capital markets partner Paul Tropp.