FS Investment gets $300 million revolver led by JPMorgan Chase

By Sara Rosenberg

New York, July 27 - FS Investment Corp. entered into an agreement for a $300 million revolving credit facility, according to an 8-K filed with the Securities and Exchange Commission on Wednesday.

JPMorgan Chase Bank, London Branch is the lead bank on the deal that was completed on July 21.

Pricing on the revolver is Libor plus 325 basis points.

Proceeds will be used to fund investments in new securities and for other general corporate purposes.

FS Investment is a Philadelphia-based business development company that invests in the debt securities of private companies.

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