Fitch assigns FS Investment debt BBB-

Fitch Ratings said it assigned a long-term issuer default rating and secured debt rating of BBB- to FS Investment Corp.

The outlook is stable.

Fitch said the ratings reflect the strength of FS Investment's relationships with Franklin Square Capital Partners and GSO Capital Partners (a subsidiary of Blackstone Group; long-term issuer default rating A+), low leverage, relatively low portfolio concentrations, strong asset quality, limited exposure to equity investments, consistent operating performance, investment portfolio liquidity, improved access to equity markets as a result of the recent public offering and strong dividend coverage.

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