debt
confidence high
sentiment positive
materiality 0.35
FS Credit Opportunities subsidiary extends credit facility to Dec 2026, cuts margin and fees
FS Credit Opportunities Corp.
- Maturity extended from Dec 2024 to Dec 2026 via Amendment No. 2 to Credit and Security Agreement.
- Margin reduced by 50 bps: to 2.15% (if A3 rated) or 3.05% (otherwise), from 2.65%/3.55%.
- Unused commitment fee lowered to 0.35% per annum, from 0.55%.
- Spread make-whole fee payment period extended to Sep 20, 2025.