debt
confidence high
sentiment neutral
materiality 0.60
Franklin BSP Capital subsidiary amends credit facility, increases committed borrowings to $200M
Franklin BSP Capital Corp
- Subsidiary FBCC Lending I, LLC amended its loan and servicing agreement effective July 1, 2021.
- Committed borrowing capacity raised from $100M to $200M under the Amended Credit Facility.
- Morgan Stanley serves as administrative agent and lender; U.S. Bank National Association as collateral agent.
- Facility originally dated March 15, 2021; amendment reflects increased financing needs.