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FS INVESTMENT CORP III FILES (8-K) Disclosing Results of Operations and Financial Condition

June 6, 2014

Item 2.02. Results of Operations and Financial Condition.

On June 4, 2014, the board of directors (the "Board") of FS Investment Corporation III (the "Corporation") declared regular weekly cash distributions for July 2014 through September 2014. The regular weekly cash distributions, each in the amount of $0.013461 per share, will be payable monthly to stockholders of record as of the weekly record dates set forth below.

Record Date Payment Date Distribution Amount 7/01/2014 7/30/2014 $0.013461 7/08/2014 7/30/2014 $0.013461 7/15/2014 7/30/2014 $0.013461 7/22/2014 7/30/2014 $0.013461 7/29/2014 7/30/2014 $0.013461 8/05/2014 8/27/2014 $0.013461 8/12/2014 8/27/2014 $0.013461 8/19/2014 8/27/2014 $0.013461 8/26/2014 8/27/2014 $0.013461 9/02/2014 10/01/2014 $0.013461 9/09/2014 10/01/2014 $0.013461 9/16/2014 10/01/2014 $0.013461 9/23/2014 10/01/2014 $0.013461 9/30/2014 10/01/2014 $0.013461

Certain Information About Distributions

The determination of the tax attributes of the Corporation's distributions will be made annually as of the end of the Corporation's fiscal year based upon its taxable income and distributions paid, in each case, for the full year. Therefore, a determination as to the tax attributes of the distributions made on a quarterly basis may not be representative of the actual tax attributes for a full year. The Corporation intends to update stockholders quarterly with an estimated percentage of its distributions that resulted from taxable ordinary income. The actual tax characteristics of distributions to stockholders will be reported to stockholders annually on Form 1099-DIV. The payment of future distributions on the Corporation's shares of common stock is subject to the discretion of the Board and applicable legal restrictions and, therefore, there can be no assurance as to the amount or timing of any such future distributions.

The Corporation may fund its cash distributions to stockholders from any sources of funds legally available to it, including expense reimbursements from Franklin Square Holdings, L.P., as well as offering proceeds, borrowings, net investment income from operations, capital gains proceeds from the sale of assets, non-capital gains proceeds from the sale of assets and dividends or other distributions paid to it on account of preferred and common equity investments in portfolio companies. The Corporation has not established limits on the amount of funds it may use from available sources to make distributions. There can be no assurance that the Corporation will be able to pay distributions at a specific rate or at all.

Forward-Looking Statements

This Current Report on Form 8-K may contain certain forward-looking statements, including statements with regard to the future performance and operation of the Corporation. Words such as "believes," "expects," "projects" and "future" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the filings the Corporation makes with the Securities and Exchange Commission. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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Source: Edgar Glimpses

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