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FS Credit Opportunities Corp. (NYSE:FSCO), a $1.29 billion market cap company with a robust 12.5% dividend yield, announced Monday that it no longer has exposure to First Brands Group, LLC, which filed for bankruptcy protection on September 29, 2025. The company, which maintains a "GREAT" financial health score according to InvestingPro, disclosed this information in a statement released through a Securities and Exchange Commission filing.
According to the filing, First Brands Group entered bankruptcy proceedings in late September. FS Credit Opportunities Corp. stated it does not maintain any exposure to First Brands as of the date of the report. The company has demonstrated resilience, delivering an 8.5% total return over the past year while maintaining its impressive track record of raising dividends for four consecutive years.
FS Credit Opportunities Corp. is incorporated in Maryland and its common stock is listed on the New York Stock Exchange under the ticker FSCO.
This information is based on a press release statement included in the company’s SEC filing.
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