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FS Investment amends and restates floating rate loan total return swap
By Sara Rosenberg
New York, Sept. 12 - FS Investment Corp. II amended and restated its total return swap for senior secured floating rate loans with Citibank on Wednesday, according to an 8-K filed with the Securities and Exchange Commission.
Under the amendment and restatement, the maximum aggregate market value of the portfolio of loans subject to the total return swap was increased to $175 million from $100 million.
FS Investment is a Philadelphia-based alternative investment product sponsored by Franklin Square Capital Partners.
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