secwatch.observer — SEC 8-K summary
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Issuer:     Franklin BSP Capital Corp (FRBP)
CIK:        0001825248
Form:       8-K
Filed at:   2025-07-03T23:59:59+00:00
Accession:  0001213900-25-061462
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin BSP Capital subsidiary ups credit facility by $250M to $1.05B, cuts margin by 10 bps
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825248/000121390025061462/0001213900-25-061462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825248/000121390025061462/ea0247786-8k_franklin.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-061462

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