FS Energy and Power ups credit limit to $340 million, extends to 2018

By Susanna Moon

Chicago, June 14 – FS Energy and Power Fund’s wholly owned special purpose financing subsidiary added another $25 million to the maximum borrowable amount under its credit facility, raising the limit to $340 million from $315 million.

FSEP Term Funding, LLC amended its credit agreement on June 9 with Deutsche Bank AG, New York Branch as administrative agent, according to an 8-K filing with the Securities and Exchange Commission.

The agreement was extended to June 11, 2018 from June 11, 2017.

No other material terms of the agreement were changed.

FS Energy is a Philadelphia-based investment company that invests primarily in income-oriented securities of privately held energy- and power-related companies.

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