FS Investment Corporation (NYSE:FSIC) Files An 8-K Entry into a Material Definitive Agreement

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FS Investment Corporation (NYSE:FSIC) Files An 8-K Entry into a Material Definitive Agreement

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Item 1.01.

Entry into a Material Definitive Agreement.

On March 16, 2017, FS Investment Corporation (the Company), the
several banks and other financial institutions or entities from
time to time party thereto, ING Capital LLC, as administrative
agent, and certain subsidiary guarantors of the Company entered
into a second amendment (the Amendment) to the Senior Secured
Revolving Credit Agreement, dated as of April 3, 2014 (as amended
from time to time, the Credit Agreement).

The Amendment, among other things, (i) increases the lenders
commitments under the Credit Agreement to $327,500,000, (ii)
extends the term of the revolving period to March 16, 2020 and
the final maturity date to March 16, 2021, (iii) increases the
size of the accordion provision to permit increases to the
lenders commitments under the Credit Agreement up to $600,000,000
and (iv) decreases the Applicable Margin (as defined therein) to
1.25% with respect to any ABR Loan (as defined therein) and 2.25%
with respect to any Eurocurrency Loan (as defined therein). In
addition, the Company paid certain fees in connection with the
Amendment.

The foregoing description of the Amendment as set forth in this
Item 1.01 is a summary only and is qualified in all respects by
the provisions of the Amendment, a copy of which is attached
hereto as Exhibit 10.1 and is incorporated by reference herein.

Item 2.03. Creation of a Direct Financial Obligation or an
Obligation under an Off-Balance Sheet Arrangement of a
Registrant.

The information provided in Item 1.01 of this Current Report on
Form 8-K is incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

EXHIBIT NUMBER DESCRIPTION
10.1 Amendment No. 2 to Senior Secured Revolving Credit Agreement,
dated as of March 16, 2017, among FS Investment Corporation,
the several banks and other financial institutions or
entities from time to time party thereto, ING Capital LLC, as
administrative agent, and certain subsidiary guarantors.


About FS Investment Corporation (NYSE:FSIC)

FS Investment Corporation is an externally managed, non-diversified, closed-end management investment company. The Company’s investment objectives are to generate current income and long-term capital appreciation. Its portfolio consists primarily of investments in senior secured loans and second lien secured loans of the private United States middle market companies and subordinated loans of the private United States companies. The Company may purchase interests in loans or make other debt investments, including investments in senior secured bonds, through secondary market transactions in the over-the-counter market or directly from target companies as primary market or directly originated investments. The Company invests in a range of industries, including capital goods, consumer services, consumer durables and apparel, energy software and services, materials, commercial and professional services, and diversified financials.

FS Investment Corporation (NYSE:FSIC) Recent Trading Information

FS Investment Corporation (NYSE:FSIC) closed its last trading session up +0.07 at 9.80 with 724,078 shares trading hands.

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