secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Capital Corp (FRBP)
CIK:        0001825248
Form:       8-K
Filed at:   2024-09-06T23:59:59+00:00
Accession:  0001213900-24-076554
Event type: debt
Sentiment:  positive
Materiality: 0.45
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825248/000121390024076554/0001213900-24-076554-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825248/000121390024076554/ea0213722-8k_franklin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-076554

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