debt
confidence high
sentiment positive
materiality 0.55
Franklin BSP Capital subsidiary ups credit facility by $250M to $1.05B, cuts margin by 10 bps
Franklin BSP Capital Corp
- FBCC Jupiter Funding entered Second Amendment on June 30, 2025, raising facility commitments from $800M to $1.05B.
- Applicable margin on advances reduced from 2.25% to 2.15% per annum.
- Amendment executed among FBCC Jupiter, Franklin BSP Capital as portfolio manager, JPMorgan as admin agent, and other lenders.
- Conditions precedent included officer certificate, legal opinions, and upfront fee to lenders.
- Facility matures as per original Loan and Security Agreement dated October 4, 2023 (as amended).
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