---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-000574"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T15:27:05.704742+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-25-000574
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000121390025000574/0001213900-25-000574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000121390025000574/ea0226348-8k_frank.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-000574
- JSON: https://secwatch.observer/filing/0001213900-25-000574.json
- Plain text: https://secwatch.observer/filing/0001213900-25-000574.txt

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