---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-102596"
form_type: "8-K"
ticker: "FSCO"
cik: "0001568194"
company_name: "FS Credit Opportunities Corp."
filed_at: "2023-09-21T23:59:59+00:00"
generated_at: "2026-06-10T10:40:51.774940+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# FS Credit Opportunities enters $50M equity total return swap with Nomura via affiliated fund FSEP

## Summary
- FSEP obtained economic benefit of up to $50M of FSCO common shares via swap with Nomura.
- Swap term is three years; early termination possible under certain events.
- FSEP's adviser is majority-owned by Franklin Square Holdings, which also controls FSCO's adviser.
- FSEP pays interest-type payments to Nomura in exchange for share exposure without direct ownership.
- Transaction enables FSEP to gain FSCO exposure without acquiring shares outright.

## SEC filing metadata
- accession: 0001104659-23-102596
- form_type: 8-K
- ticker: FSCO
- cik: 0001568194
- company_name: FS Credit Opportunities Corp.
- filed_at: 2023-09-21T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1568194/000110465923102596/0001104659-23-102596-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1568194/000110465923102596/tm2326628d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-102596
- JSON: https://secwatch.observer/filing/0001104659-23-102596.json
- Plain text: https://secwatch.observer/filing/0001104659-23-102596.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.