KKR FS Income Trust Select

03/28/2024 | Press release | Distributed by Public on 03/28/2024 11:59

Private Placement - Form 8-K

Item 3.02 Unregistered Sales of Equity Securities.

On March 28, 2024, KKR FS Income Trust Select (the "Company") issued and sold 399,680.2558 unregistered Class S shares (the "Sold Shares") of the Company's common shares of beneficial interest (the "Shares") pursuant to subscription agreements entered into with the participating investors for aggregate consideration of $10 million. The per share price at which the Company issued the Sold Shares was $25.02 per share, determined in accordance with Section 23 of the Investment Company Act of 1940, as amended.

The offer and sale of the Sold Shares were conducted in connection with the Company's continuous private offering of Shares (the "Private Offering") in reliance on the exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), provided by Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder. The Company relied, in part, upon representations from each participating investor in the relevant subscription agreement that such investor is an "accredited investor" as defined in Regulation D under the Securities Act.