FS KKR Capital Corp. II (FSK II), announced today that it has retained J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Keefe, Bruyette & Woods, Inc. and SunTrust Robinson Humphrey, Inc. to serve as lead advisors to FSK II in connection with its proposed listing (the "Listing") of its shares of common stock on the New York Stock Exchange.

Michael Forman, Chief Executive Officer of FSK II, commented, "We believe that engaging top-tier banks like J.P. Morgan, Morgan Stanley, KBW and SunTrust will help position us well for our upcoming Listing on the NYSE. We expect to benefit from the expertise of these banks as we look forward to completing the Listing and further strengthening FSK II's position as a leading BDC."

Subject to market conditions, FSK II continues to anticipate that its shares of common stock will commence trading on the NYSE with the ticker symbol "FSKR" on or around June 17, 2020. There can be no assurance that FSK II will be able to complete the Listing on the expected timeframe, or at all.

About FS KKR Capital Corp. II

FSK II is a non-traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. FSK II seeks to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market companies. FSK II is advised by FS/KKR Advisor, LLC.

About FS/KKR Advisor, LLC

FS/KKR Advisor, LLC is a partnership between FS Investments and KKR Credit that serves as the investment adviser to BDCs with approximately $15.6 billion in assets under management as of March 31, 2020. The BDCs managed by FS/KKR Advisor, LLC are FS KKR Capital Corp. and FS KKR Capital Corp. II.