Franklin BSP Capital reduces borrowing spread on $300M credit facility from 2.75% to 2.15%

Franklin BSP Capital Corp

Borrowing spread on $300M credit facility reduced from 2.75% to 2.15% per annum effective August 30, 2024.
Amendment No. 4 to the Loan and Servicing Agreement entered into with Wells Fargo Bank as administrative agent.
The amendment also releases the prior Pledge Agreement and terminates the collateral pledge of FBLC Funding I equity interests.
Franklin BSP Capital Corp. acts as collateral manager; facility matures at original terms.

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