FS Investment III subsidiary Burholme upsizes revolver to $250 million

By Wendy Van Sickle

Columbus, Ohio, Nov. 21 – FS Investment Corp. III’s wholly owned financing subsidiary, Burholme Funding LLC, entered into a fifth amendment to its committed facility arrangement with BNP Paribas Prime Brokerage, Inc. on Nov. 15 that increased its maximum commitment to $250 million from $200 million, according to an 8-K filing with the Securities and Exchange Commission.

The facility arrangement is originally dated Oct. 17, 2014.

No other material changes were made under the amendment, according to the filing.

FS Investment is a business development company based in Philadelphia.

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