Item 1.01. Entry into a Material Definitive Agreement.

On December 9, 2022, Franklin BSP Lending Corporation (the "Corporation"), through a wholly-owned, consolidated special purpose financing subsidiary, FBLC 57th Street Funding, LLC, entered into an amendment (the "Amendment") to its revolving credit facility with JPMorgan Chase Bank, National Association, as administrative agent ("JPM"), and U.S. Bank, as collateral agent, collateral administrator and securities intermediary (together with the Amendment, the "JPM Credit Facility"). The Amendment, among other things, (1) extends the maturity date of the JPM Credit Facility to August 28, 2024, (2) extends the maturity date, upon the exercise of the Extension Option (as defined in the JPM Credit Facility), of the JPM Credit Facility to August 28, 2025, and (3) changes the benchmark rate and applicable margin for advances under the JPM Credit Facility to SOFR plus 3.00% (subject to further increases consistent with the terms of the JPM Credit Facility).

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 JPM Credit Facility.

Item 2.03. Creation of a Direct Financial Obligation or an Obligation under an


           Off-Balance Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 is incorporated by reference into this Item 2.03.

Item 9.01. Financial Statements and Exhibits.






(d) Exhibits

10.1 First Amendment to the Amended and Restated Loan and Servicing Agreement, dated as of December 9, 2022, by and among FBLC 57th Street Funding LLC, JPMorgan Chase Bank, National Associaition, as lender, U.S. Bank National Association, as securities intermediary, and Franklin BSP Lending Corporation, as portfolio manager.

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