Franklin BSP Capital subsidiary ups credit facility to $800M, extends to 2029, reduces margin to 2.25%

Franklin BSP Capital Corp

FBCC Jupiter Funding entered First Amendment increasing facility commitments from $400M to $800M.
Reinvestment period extended from Oct 2026 to Oct 2028; termination date extended to Oct 2029.
Applicable margin reduced from 2.55% to 2.25%; commitment increase option raised to $1.05B.
Concurrent merger: FBLC 57th Street Funding rolled into FBCC Jupiter; $325.7M outstanding assumed on cashless basis.
Amendment consolidates two credit facilities into one larger, lower-cost facility for the company.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.