Franklin BSP Capital Corp (FRBP): debt financing — Franklin BSP Capital ups credit facility to $400M, lowers spread, extends maturity

Amendment No. 5, among other things, (i) increases the Facility Amount under the Amended Credit Facility from $300,000,000 to $400,000,000, (ii) reduces the spread on borrowings under the Amended Credit Facility from 2.15% to 1.95% per annum, (iii) extends the Facility Maturity Date under the Amended Credit Facility from August 25, 2028 to April 10, 2031 and (iv) extends the Reinvestment Period End Date under the Amended Credit Facility from August 25, 2026 to April 10, 2029.

On April 10, 2026, FBLC Funding I, LLC (the “Subsidiary”), a wholly-owned, special purpose financing subsidiary of Franklin BSP Capital Corporation (the “Corporation”) entered into Amendment No. 5 (together with any documents executed in connection therewith, “Amendment No. 5”) to that certain loan and servicing agreement (as amended and together with any other documents executed in connection therewith, the “Amended Credit Facility”; capitalized terms used and not otherwise defined herein shall have the meanings given to such terms in the Amended Credit Facility), initially entered into as of August 28, 2020, by and among the Corporation, the Subsidiary, Wells Fargo Bank, National Association, as administrative agent and lender, U.S. Bank National Association as collateral custodian and U.S. Bank Trust Company, National Association, as collateral agent.