---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-26-044556"
form_type: "8-K"
ticker: "FRBP"
cik: "0001825248"
company_name: "Franklin BSP Capital Corp"
filed_at: "2026-04-16T23:59:59+00:00"
generated_at: "2026-05-15T05:51:00.728958+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Franklin BSP Capital ups credit facility to $400M, lowers spread, extends maturity

## Summary
- Facility amount increased from $300M to $400M.
- Interest spread reduced from 2.15% to 1.95% per annum.
- Maturity date extended from Aug. 25, 2028 to Apr. 10, 2031.
- Reinvestment period extended from Aug. 25, 2026 to Apr. 10, 2029.

## SEC filing metadata
- accession: 0001213900-26-044556
- form_type: 8-K
- ticker: FRBP
- cik: 0001825248
- company_name: Franklin BSP Capital Corp
- filed_at: 2026-04-16T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1825248/000121390026044556/0001213900-26-044556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1825248/000121390026044556/ea0286506-8k_franklin.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-26-044556
- JSON: https://secwatch.observer/filing/0001213900-26-044556.json
- Plain text: https://secwatch.observer/filing/0001213900-26-044556.txt

## Source-grounded claims
- claim_id: 4ca95471603699fa4c44d12f4cb33387d9400456
  claim: Franklin BSP Capital Corp amended credit facility of $400,000,000 with Wells Fargo Bank, National Association at reduces the spread on borrowings under the Amended Credit Facility from 2.15% to maturing April 10, 2031.
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825248/000121390026044556/0001213900-26-044556-index.htm
- claim_id: c0f8cdb6ebe65224b67d5c50759ac780060a0a7e
  claim: Franklin BSP Capital Corp amended Amendment No. 5 with Wells Fargo Bank, National Association, U.S. Bank National Association, U.S. Bank Trust Company, National Association valued at $400,000,000 (effective 2026-04-10).
  evidence_excerpt: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1825248/000121390026044556/0001213900-26-044556-index.htm

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