Franklin BSP Capital reduces credit facility commitments from $44.5M to $25.5M

Franklin BSP Capital Corp

Voluntarily reduced MS Subscription Facility commitments by $19M to $25.5M on Dec 9, 2022.
Facility is with Morgan Stanley Asset Funding, Inc. and Morgan Stanley Bank, N.A.
No further terms or reasons for the reduction were disclosed.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Franklin BSP Capital Corp amended MS Subscription Facility with Morgan Stanley Asset Funding, Inc., Morgan Stanley Bank, N.A. valued at from $44.5 million to $25.5 million (effective 2022-12-09).

Action: amendment
Agreement: credit facility
Counterparty: Morgan Stanley Asset Funding, Inc., Morgan Stanley Bank, N.A.
Value: from $44.5 million to $25.5 million
Effective: 2022-12-09

Exact text from the filing

the “ Corporation ”), pursuant to the terms of its revolving credit facility (the “ MS Subscription Facility ”) with Morgan Stanley Asset Funding, Inc., as administrative agent and sole lead arranger, and Morgan Stanley Bank, N.A., as the letter

View on SEC.gov

Browse all material agreements →

Franklin BSP Capital Corp filing history →

Source: SEC EDGAR

accession 0001104659-22-126262

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.