---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-076554"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:06:41.229680+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.45
calibrated_materiality_score: 0.45
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-24-076554
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.45
- calibrated_materiality_score: 0.45
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000121390024076554/0001213900-24-076554-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000121390024076554/ea0213722-8k_franklin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-076554
- JSON: https://secwatch.observer/filing/0001213900-24-076554.json
- Plain text: https://secwatch.observer/filing/0001213900-24-076554.txt

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