secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Lending Corp (—)
CIK:        0001490927
Form:       8-K
Filed at:   2023-09-19T23:59:59+00:00
Accession:  0001104659-23-101977
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 2.03
LLM model:  deepseek-v4-flash:cloud@v2

Franklin BSP Lending amends credit facility: maturity extended to 2027, margin reduced to SOFR+2.80%
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- Maturity of Loan and Security Agreement extended from Aug 2025 to Sept 15, 2027.
- Applicable margin reduced from SOFR+3.00% to SOFR+2.80%, inclusive of admin agent fee.
- Reinvestment period extended to Sept 15, 2026; facility size can be increased up to $800M.
- Unused commitment fee amended from 0.75% to include administrative agent fee.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490927/000110465923101977/0001104659-23-101977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490927/000110465923101977/tm2326462d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-101977

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