FS Energy and Power Fund, FS Investment Corp. II, FS Investment Corp. III and FS Investment Corp. IV filed separate tender offer statements to repurchase common shares for cash.
All four offers will expire at 4 p.m. ET on March 28, unless extended.
FS Energy and Power Fund is offering to buy up to the lesser of 11,064,273 common shares. FS Investment Corp. II is offering to purchase up to the lesser of 8,134,082 common shares. FS Investment Corp. III is offering to purchase up to the lesser of 7,038,102 common shares. FS Investment Corp. IV is offering to purchase up to the lesser of 603,934 class T common shares.
The purpose of the offers is to provide shareholders with liquidity because no public market exists for the shares.