{"url_path":"/sec/frbp/10-q/2026/cover-page","section_key":"cover-page","section_title":"Cover Page","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-13","source_url":"https://www.sec.gov/Archives/edgar/data/1825248/0001825248-26-000017-index.html","accession_number":"0001825248-26-000017","cik":"0001825248","ticker":"FRBP","issuer_name":"Franklin BSP Capital Corp","edgar_url":"https://www.sec.gov/Archives/edgar/data/1825248/0001825248-26-000017-index.html","primary_entity_key":"0001825248","primary_entity_name":"Franklin BSP Capital 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BC, Ltd. | Software 12026-03-3100018252481236904 BC, Ltd. | Software 22026-03-310001825248Accel International Holdings, LLC | Electrical Equipment 12026-03-310001825248Accel International Holdings, LLC | Electrical Equipment 22026-03-310001825248ACE Solutions, LLC | Oil, Gas & Consumable Fuels 12026-03-310001825248ACE Solutions, LLC | Oil, Gas & Consumable Fuels 22026-03-310001825248ACE Solutions, LLC | Oil, Gas & Consumable Fuels 32026-03-310001825248ADCS Clinics Intermediate Holdings, LLC | Health Care Providers & Services 12026-03-310001825248ADCS Clinics Intermediate Holdings, LLC | Health Care Providers & Services 22026-03-310001825248ADCS Clinics Intermediate Holdings, LLC | Health Care Providers & Services 32026-03-310001825248ADCS Clinics Intermediate Holdings, LLC | Health Care Providers & Services 42026-03-310001825248Adelaide Borrower, LLC | Software 12026-03-310001825248Adelaide Borrower, LLC | Software 22026-03-310001825248Adelaide Borrower, LLC | Software 32026-03-310001825248American Rock Salt Company, LLC | Chemicals 12026-03-310001825248Amylu Borrower Sub, LLC | Food Products 12026-03-310001825248Amylu Borrower Sub, LLC | Food Products 22026-03-310001825248Amylu Borrower Sub, LLC | Food Products 32026-03-310001825248Aprio Advisory Group, LLC | Financial Services 12026-03-310001825248Aprio Advisory Group, LLC | Financial Services 22026-03-310001825248Arch Global Precision, LLC | Machinery 12026-03-310001825248Arch Global Precision, LLC | Machinery 22026-03-310001825248Arch Global Precision, LLC | Machinery 32026-03-310001825248Arctic Holdco, LLC | Trading Companies & Distributors 12026-03-310001825248Arctic Holdco, LLC | Trading Companies & Distributors 22026-03-310001825248Arctic Holdco, LLC | Trading Companies & Distributors 32026-03-310001825248Armada Parent, Inc. | Aerospace & Defense 12026-03-310001825248Armada Parent, Inc. | Aerospace & Defense 22026-03-310001825248Armada Parent, Inc. | Aerospace & Defense 32026-03-310001825248Artifact Bidco, Inc | Software 12026-03-310001825248Artifact Bidco, Inc. | Software 22026-03-310001825248Artifact Bidco, Inc. | Software 32026-03-310001825248AuditBoard, Inc. | Software 12026-03-310001825248AuditBoard, Inc. | Software 22026-03-310001825248AuditBoard, Inc. | Software 32026-03-310001825248AuditBoard, Inc. | Software 42026-03-310001825248Aventine Holdings, LLC | Entertainment 12026-03-310001825248Aventine Holdings, LLC | Entertainment 22026-03-310001825248Axiom Global, Inc. | Professional Services2026-03-310001825248Azurite Intermediate Holdings, Inc. | Software 12026-03-310001825248Azurite Intermediate Holdings, Inc. | Software 22026-03-310001825248Azurite Intermediate Holdings, Inc. | Software 32026-03-310001825248Bayou Holdings Buyer, Inc. | Professional Services 12026-03-310001825248Bayou Holdings Buyer, Inc. | Professional Services 22026-03-310001825248Bayou Holdings Buyer, Inc. | Professional Services 32026-03-310001825248BCPE Oceandrive Buyer, Inc. | Health Care Providers & Services 12026-03-310001825248BCPE Oceandrive Buyer, Inc. | Health Care Providers & Services 22026-03-310001825248BCPE Oceandrive Buyer, Inc. | Health Care Providers & Services 32026-03-310001825248Big Apple Advisory, LLC | Financial Services 12026-03-310001825248Big Apple Advisory, LLC | Financial Services 22026-03-310001825248Big Apple Advisory, LLC | Financial Services 32026-03-310001825248Bingo Group Buyer, Inc. | Commercial Services & Supplies 12026-03-310001825248Bingo Group Buyer, Inc. | Commercial Services & Supplies 22026-03-310001825248Bingo Group Buyer, Inc. | Commercial Services & Supplies 32026-03-310001825248Bingo Group Buyer, Inc. | Commercial Services & Supplies 42026-03-310001825248Bingo Group Buyer, Inc. | Commercial Services & Supplies 52026-03-310001825248Capstone Acquisition Holdings, Inc. | Air Freight & Logistics 12026-03-310001825248Capstone Acquisition Holdings, Inc. | Air Freight & Logistics 22026-03-310001825248Carr, Riggs & Ingram Capital, LLC | Financial Services 12026-03-310001825248Carr, Riggs & Ingram Capital, LLC | Financial Services 22026-03-310001825248Carr, Riggs & Ingram Capital, LLC | Financial Services 32026-03-310001825248CCI Buyer, Inc. | Wireless Telecommunication Services 12026-03-310001825248CCI Buyer, Inc. | Wireless Telecommunication Services 22026-03-310001825248Center Phase Energy, LLC | Electric Utilities 12026-03-310001825248Center Phase Energy, LLC | Electric Utilities 22026-03-310001825248Charter Industries Holdings, LLC | Distributors 12026-03-310001825248Charter Industries Holdings, LLC | Distributors 22026-03-310001825248Charter Industries Holdings, LLC | Distributors 32026-03-310001825248Cliffwater, LLC | Capital Markets 12026-03-310001825248Cliffwater, LLC | Capital Markets 22026-03-310001825248Coalesce Merlin Purchaser, LLC | Commercial Services & Supplies 12026-03-310001825248Coalesce Merlin Purchaser, LLC | Commercial Services & Supplies 22026-03-310001825248Coalesce Merlin Purchaser, LLC | Commercial Services & Supplies 32026-03-310001825248Cold Spring Brewing, Co. | Beverages2026-03-310001825248Communication Technology Intermediate, LLC | Professional Services 12026-03-310001825248Communication Technology Intermediate, LLC | Professional Services 22026-03-310001825248Communication Technology Intermediate, LLC | Professional Services 32026-03-310001825248Communication Technology Intermediate, LLC | Professional Services 42026-03-310001825248Communication Technology Intermediate, LLC | Professional Services 52026-03-310001825248Consolidated Precision Products Corp. | Aerospace & Defense2026-03-310001825248Corfin Industries, LLC | Aerospace & Defense 12026-03-310001825248Corfin Industries, LLC | Aerospace & Defense 22026-03-310001825248Corfin Industries, LLC | Aerospace & Defense 32026-03-310001825248Corfin Industries, LLC | Aerospace & Defense 42026-03-310001825248Coronis Health I, LLC | Health Care Technology 12026-03-310001825248Coronis Health I, LLC | Health Care Technology 22026-03-310001825248Demakes Borrower, LLC | Consumer Staples Distribution & Retail2026-03-310001825248Einstein Parent, Inc. | Software 12026-03-310001825248Einstein Parent, Inc. | Software 22026-03-310001825248Electric Power Engineers, LLC | Construction & Engineering 12026-03-310001825248Electric Power Engineers, LLC | Construction & Engineering 22026-03-310001825248Electric Power Engineers, LLC | Construction & Engineering 32026-03-310001825248Electro-Methods, LP | Aerospace & Defense 12026-03-310001825248Electro-Methods, LP | Aerospace & Defense 22026-03-310001825248Eliassen Group, LLC | Professional Services 12026-03-310001825248Eliassen Group, LLC | Professional Services 22026-03-310001825248FGT Purchaser, LLC | Internet & Direct Marketing Retail 12026-03-310001825248FGT Purchaser, LLC | Internet & Direct Marketing Retail 22026-03-310001825248Florida Food Products, LLC | Food Products 12026-03-310001825248Florida Food Products, LLC | Food Products 22026-03-310001825248Florida Food Products, LLC | Food Products 32026-03-310001825248Flow Traders Holding, LLC | Capital Markets 12026-03-310001825248Flow Traders Holding, LLC | Capital Markets 22026-03-310001825248FloWorks International, LLC | Trading Companies & Distributors 12026-03-310001825248FloWorks International, LLC | Trading Companies & Distributors 22026-03-310001825248Foresight Energy Operating, LLC | Oil, Gas & Consumable Fuels 12026-03-310001825248Galway Borrower, LLC | Insurance 12026-03-310001825248Galway Borrower, LLC | Insurance 22026-03-310001825248Galway Borrower, LLC | Insurance 32026-03-310001825248Galway Borrower, LLC | Insurance 42026-03-310001825248Groome Purchaser, LLC | Commercial Services & Supplies 12026-03-310001825248Groome Purchaser, LLC | Commercial Services & Supplies 22026-03-310001825248Groome Purchaser, LLC | Commercial Services & Supplies 32026-03-310001825248Groome Purchaser, LLC | Commercial Services & Supplies 42026-03-310001825248High Street Buyer, Inc. | Insurance2026-03-310001825248Hometown Food, Co. | Food Products2026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 12026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 22026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 32026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 42026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 52026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 62026-03-310001825248Hospice Care Buyer, Inc. | Health Care Providers & Services 72026-03-310001825248Hunter Communications & Technologies, LLC | Diversified Telecommunication Services2026-03-310001825248Hunter Communications | Diversified Telecommunication Services 12026-03-310001825248Hunter Communications | Diversified Telecommunication Services 22026-03-310001825248ICAT Intermediate Holdings, LLC | Air Freight & Logistics 12026-03-310001825248ICAT Intermediate Holdings, LLC | Air Freight & Logistics 22026-03-310001825248ICAT Intermediate Holdings, LLC | Air Freight & Logistics 32026-03-310001825248Ideal Tridon Holdings, Inc. | Machinery 12026-03-310001825248Ideal Tridon Holdings, Inc. | Machinery 22026-03-310001825248Ideal Tridon Holdings, Inc. | Machinery 32026-03-310001825248IG Investments Holdings, LLC | Professional Services 12026-03-310001825248IG Investments Holdings, LLC | Professional Services 22026-03-310001825248Indigo Buyer, Inc. | Containers & Packaging 12026-03-310001825248Indigo Buyer, Inc. | Containers & Packaging 22026-03-310001825248Indigo Buyer, Inc. | Containers & Packaging 32026-03-310001825248InhabitIQ, Inc. | Software 12026-03-310001825248InhabitIQ, Inc. | Software 22026-03-310001825248InhabitIQ, Inc. | Software 32026-03-310001825248Integrated Global Services, Inc. | Construction & Engineering 12026-03-310001825248Integrated Global Services, Inc. | Construction & Engineering 22026-03-310001825248Integrated Global Services, Inc. | Construction & Engineering 32026-03-310001825248International Cruise & Excursion Gallery, Inc. | Hotels, Restaurants & Leisure 12026-03-310001825248IQN Holding Corp. | Software 12026-03-310001825248IQN Holding Corp. | Software 22026-03-310001825248IQN Holding Corp. | Software 32026-03-310001825248Knowledge Pro Buyer, Inc. | Professional Services 12026-03-310001825248Knowledge Pro Buyer, Inc. | Professional Services 22026-03-310001825248Knowledge Pro Buyer, Inc. | Professional Services 32026-03-310001825248LaserShip, Inc. | Air Freight & Logistics2026-03-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 12026-03-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 22026-03-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 32026-03-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 42026-03-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 52026-03-310001825248Lighthouse Intelligence, Ltd. | Software 12026-03-310001825248Lighthouse Intelligence, Ltd. | Software 22026-03-310001825248Lighthouse Intelligence, Ltd. | Software 32026-03-310001825248LSF12 Donnelly Bidco, LLC | Machinery2026-03-310001825248Mandrake Bidco, Inc. | Machinery 12026-03-310001825248Mandrake Bidco, Inc. | Machinery 22026-03-310001825248Manna Pro Products, LLC | Food Products 12026-03-310001825248Manna Pro Products, LLC | Food Products 22026-03-310001825248Manna Pro Products, LLC | Food Products 32026-03-310001825248Manna Pro Products, LLC | Food Products 42026-03-310001825248Manna Pro Products, LLC | Food Products 52026-03-310001825248McDonald Worley, P.C. | Professional Services 12026-03-310001825248Medical Management Resource Group, LLC | Health Care Providers & Services 12026-03-310001825248Medical Management Resource Group, LLC | Health Care Providers & Services 22026-03-310001825248Medical Management Resource Group, LLC | Health Care Providers & Services 32026-03-310001825248Megavolt Borrower, LLC | Construction & Engineering2026-03-310001825248Michael Baker International, LLC | Construction & Engineering2026-03-310001825248Midwest Can Company, LLC | Containers & Packaging2026-03-310001825248Mirra-Primeaccess Holdings, LLC | Health Care Providers & Services 12026-03-310001825248Mirra-Primeaccess Holdings, LLC | Health Care Providers & Services 22026-03-310001825248MRI Software, LLC | Software 12026-03-310001825248MRI Software, LLC | Software 22026-03-310001825248MRI Software, LLC | Software 32026-03-310001825248MRI Software, LLC | Software 42026-03-310001825248Muth Mirror Systems, LLC | Automobile Components 12026-03-310001825248Muth Mirror Systems, LLC | Automobile Components 22026-03-310001825248MWH Intermediate II, LLC | Capital Markets 12026-03-310001825248MWH Intermediate II, LLC | Capital Markets 22026-03-310001825248MWH Intermediate II, LLC | Capital Markets 32026-03-310001825248Norvax, LLC | Insurance 12026-03-310001825248Norvax, LLC | Insurance 22026-03-310001825248Odessa Technologies, Inc. | Software 12026-03-310001825248Odessa Technologies, Inc. | Software 22026-03-310001825248One Source Virtual, Inc. | Professional Services 12026-03-310001825248OneSource Virtual, Inc. | Professional Services 22026-03-310001825248ORG GC Holdings, LLC | Professional Services 12026-03-310001825248Palmdale Oil Co., LLC | Oil, Gas & Consumable Fuels2026-03-310001825248PetVet Care Centers, LLC | Health Care Providers & Services 12026-03-310001825248PetVet Care Centers, LLC | Health Care Providers & Services 22026-03-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 12026-03-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 22026-03-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 32026-03-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 42026-03-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 52026-03-310001825248Pluralsight, LLC | Software 12026-03-310001825248Pluralsight, LLC | Software 22026-03-310001825248Pluralsight, LLC | Software 32026-03-310001825248Pluralsight, LLC | Software 42026-03-310001825248Pluralsight, LLC | Software 52026-03-310001825248Pluto Acquisition I, Inc. | Health Care Providers & Services 12026-03-310001825248Questex, Inc. | Media 12026-03-310001825248Questex, Inc. | Media 22026-03-310001825248Reagent Chemical and Research, LLC | Chemicals 12026-03-310001825248Reagent Chemical and Research, LLC | Chemicals 22026-03-310001825248Reagent Chemical and Research, LLC | Chemicals 32026-03-310001825248Rialto Management Group, LLC | Capital Markets 12026-03-310001825248Rialto Management Group, LLC | Capital Markets 22026-03-310001825248Roadsafe Holdings, Inc. | Construction & Engineering 12026-03-310001825248Roadsafe Holdings, Inc. | Construction & Engineering 22026-03-310001825248Roadsafe Holdings, Inc. | Construction & Engineering 32026-03-310001825248Roadsafe Holdings, Inc. | Construction & Engineering 42026-03-310001825248Saab Purchaser, Inc. | Software 12026-03-310001825248Saab Purchaser, Inc. | Software 22026-03-310001825248Saab Purchaser, Inc. | Software 32026-03-310001825248Saturn SHC Buyer Holdings, Inc. | Health Care Providers & Services 12026-03-310001825248Saturn SHC Buyer Holdings, Inc. | Health Care Providers & Services 22026-03-310001825248Saturn SHC Buyer Holdings, Inc. | Health Care Providers & Services 32026-03-310001825248Saturn Sound Bidco, Ltd. | Aerospace & Defense 12026-03-310001825248Saturn Sound Bidco, Ltd. | Aerospace & Defense 22026-03-310001825248SCIH Salt Holdings, Inc. | Chemicals2026-03-310001825248Sherlock Buyer Corp. | Professional Services 12026-03-310001825248Sherlock Buyer Corp. | Professional Services 22026-03-310001825248Simplifi Holdings, Inc. | Media 12026-03-310001825248Simplifi Holdings, Inc. | Media 22026-03-310001825248SitusAMC Holdings Corp. | Financial Services2026-03-310001825248Striper Buyer, LLC | Containers & Packaging2026-03-310001825248SunMed Group Holdings, LLC | Health Care Equipment & Supplies 12026-03-310001825248SunMed Group Holdings, LLC | Health Care Equipment & Supplies 22026-03-310001825248Tax Defense Network, LLC | Diversified Consumer Services 12026-03-310001825248Tax Defense Network, LLC | Diversified Consumer Services 22026-03-310001825248Tax Defense Network, LLC | Diversified Consumer Services 32026-03-310001825248TEI Intermediate, LLC | Commercial Services & Supplies 12026-03-310001825248TEI Intermediate, LLC | Commercial Services & Supplies 22026-03-310001825248TEI Intermediate, LLC | Commercial Services & Supplies 32026-03-310001825248The NPD Group, LP | Professional Services 12026-03-310001825248The NPD Group, LP | Professional Services 22026-03-310001825248Therapy Brands Holdings, LLC | Health Care Technology 12026-03-310001825248Tivity Health, Inc. | Health Care Providers & Services2026-03-310001825248Trinity Air Consultants Holdings Corp. | Professional Services 12026-03-310001825248Trinity Air Consultants Holdings Corp. | Professional Services 22026-03-310001825248Trinity Air Consultants Holdings Corp. | Professional Services 32026-03-310001825248Triple Lift, Inc. | Media 12026-03-310001825248Triple Lift, Inc. | Media 22026-03-310001825248Trystar, LLC | Electrical Equipment 12026-03-310001825248Trystar, LLC | Electrical Equipment 22026-03-310001825248Trystar, LLC | Electrical Equipment 32026-03-310001825248Trystar, LLC | Electrical Equipment 42026-03-310001825248Urban One, Inc. | Media 12026-03-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 12026-03-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 22026-03-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 32026-03-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 42026-03-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 52026-03-310001825248US Salt Investors, LLC | Chemicals 12026-03-310001825248US Salt Investors, LLC | Chemicals 22026-03-310001825248Vanco Payment Solutions, LLC | Software 12026-03-310001825248Vanco Payment Solutions, LLC | Software 22026-03-310001825248Varicent Intermediate Holdings Corp. | Software 12026-03-310001825248Varicent Intermediate Holdings Corp. | Software 22026-03-310001825248Varicent Intermediate Holdings Corp. | Software 32026-03-310001825248Varicent Intermediate Holdings Corp. | Software 42026-03-310001825248Varicent Intermediate Holdings Corp. | Software 52026-03-310001825248Victors CCC Buyer, LLC | Professional Services 12026-03-310001825248Victors CCC Buyer, LLC | Professional Services 22026-03-310001825248Victors CCC Buyer, LLC | Professional Services 32026-03-310001825248Victors CCC Buyer, LLC | Professional Services 42026-03-310001825248Victors CCC Buyer, LLC | Professional Services 52026-03-310001825248Victors CCC Buyer, LLC | Professional Services 62026-03-310001825248West Coast Dental Services, Inc. | Health Care Providers & Services 12026-03-310001825248West Coast Dental Services, Inc. | Health Care Providers & Services 22026-03-310001825248West Coast Dental Services, Inc. | Health Care Providers & Services 32026-03-310001825248Westwood Professional Services, Inc. | Construction & Engineering 12026-03-310001825248Westwood Professional Services, Inc. | Construction & Engineering 22026-03-310001825248Westwood Professional Services, Inc. | Construction & Engineering 32026-03-310001825248Wharf Street Ratings Acquisition, LLC | Capital Markets 12026-03-310001825248Wharf Street Ratings Acquisition, LLC | Capital Markets 22026-03-310001825248Wharf Street Ratings Acquisition, LLC | Capital Markets 32026-03-310001825248WHCG Purchaser III, Inc. | Health Care Providers & Services 12026-03-310001825248WIN Holdings III Corp. | Diversified Consumer Services 12026-03-310001825248WIN Holdings III Corp. | Diversified Consumer Services 22026-03-310001825248WIN Holdings III Corp. | Diversified Consumer Services 32026-03-310001825248WIN Holdings III Corp. | Diversified Consumer Services 42026-03-310001825248Wipfli Advisory, LLC | Financial Services 12026-03-310001825248Wipfli Advisory, LLC | Financial Services 22026-03-310001825248Wipfli Advisory, LLC | Financial Services 32026-03-310001825248Zendesk, Inc. | Software 12026-03-310001825248Zendesk, Inc. | Software 22026-03-310001825248Zendesk, Inc. | Software 32026-03-310001825248Zendesk, Inc. | Software 42026-03-310001825248fbcc:DebtSecuritiesSeniorSecuredSecondLienMember2026-03-310001825248Alera Group, Inc. | Insurance2026-03-310001825248American Rock Salt Company, LLC | Chemicals 22026-03-310001825248Ascensus Group Holdings, Inc. | Financial Services2026-03-310001825248Corelogic, Inc. | Capital Markets2026-03-310001825248Coronis Health I, LLC | Health Care Technology 32026-03-310001825248Edelman Financial Center, LLC | Capital Markets2026-03-310001825248Hologic, Inc. | Health Care Equipment & Supplies2026-03-310001825248Lakeland Tours, LLC | Diversified Consumer Services2026-03-310001825248ORG GC Holdings, LLC | Professional Services 22026-03-310001825248Pluto Acquisition I, Inc. | Health Care Providers & Services 22026-03-310001825248Resilience Parent, LLC | Electrical Equipment2026-03-310001825248Therapy Brands Holdings, LLC | Health Care Technology 22026-03-310001825248Urban One, Inc. | Media 22026-03-310001825248Victory Buyer, LLC | Machinery2026-03-310001825248us-gaap:SubordinatedDebtMember2026-03-310001825248Aventine Holdings, LLC | Entertainment2026-03-310001825248Kahala Aviation, LLC | Asset Based Financing 12026-03-310001825248OSV Thunderbold Topco, Inc. | Professional Services 12026-03-310001825248Post Road Equipment Finance, LLC | Asset Based Financing 12026-03-310001825248Post Road Equipment Finance, LLC | Asset Based Financing 22026-03-310001825248Post Road Equipment Finance, LLC | Asset Based Financing 32026-03-310001825248Siena Capital Finance, LLC | Asset Based Financing2026-03-310001825248Smile Brands, Inc. | Health Care Providers & Services2026-03-310001825248WHCG Purchaser III, Inc. | Health Care Providers & Services 22026-03-310001825248fbcc:CollateralizedSecuritiesDebtInvestmentMember2026-03-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A FR | Capital Markets2026-03-310001825248Whitehorse, Ltd. 14-1A E | Capital Markets2026-03-310001825248fbcc:CollateralizedSecuritiesEquityInvestmentMember2026-03-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A SUB | Capital Markets2026-03-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA SUB | Capital Markets2026-03-310001825248fbcc:EquityAndOtherMember2026-03-310001825248BCPE Oceandrive Buyer, Inc. | Health Care Providers & Services2026-03-310001825248Black Mountain Sand, LLC | Energy Equipment & Services2026-03-310001825248Center Phase Energy, LLC | Electric Utilities 32026-03-310001825248Center Phase Energy, LLC | Electric Utilities 42026-03-310001825248Cirque Du Soleil Holding USA Newco, Inc. | Entertainment2026-03-310001825248Cornerstone Chemical, Co. | Chemicals2026-03-310001825248Coronis Health I, LLC | Health Care Technology 42026-03-310001825248CRS-SPV, Inc. | Chemicals2026-03-310001825248FBLC Senior Loan Fund, LLC | Investment in Joint Ventures2026-03-310001825248Foresight Energy Operating, LLC | Oil, Gas & Consumable Fuels 22026-03-310001825248GoHealth, Inc. | Insurance2026-03-310001825248Gordian Medical, Inc. | Health Care Providers & Services 12026-03-310001825248Gordian Medical, Inc. | Health Care Providers & Services 22026-03-310001825248Higginbotham Insurance Agency, Inc. | Insurance2026-03-310001825248Integrated Efficiency Solutions, Inc. 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12025-12-310001825248IQN Holding Corp. | Software 22025-12-310001825248IQN Holding Corp. | Software 32025-12-310001825248Knowledge Pro Buyer, Inc. | Professional Services 12025-12-310001825248Knowledge Pro Buyer, Inc. | Professional Services 22025-12-310001825248Knowledge Pro Buyer, Inc. | Professional Services 32025-12-310001825248Labrie Environmental Group, LLC | Machinery2025-12-310001825248Lakeland Tours, LLC | Diversified Consumer Services 12025-12-310001825248Lakeland Tours, LLC | Diversified Consumer Services 22025-12-310001825248LaserShip, Inc. | Ground Transportation2025-12-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 12025-12-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 22025-12-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 32025-12-310001825248Last Dance Intermediate II, LLC | Diversified Telecommunication Services 42025-12-310001825248Lighthouse 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32025-12-310001825248Megavolt Borrower, LLC | Construction & Engineering2025-12-310001825248MGTF Radio Company, LLC | Media2025-12-310001825248Michael Baker International, LLC | Professional Services2025-12-310001825248Midwest Can Company, LLC | Containers & Packaging2025-12-310001825248Mirra-Primeaccess Holdings, LLC | Health Care Providers & Services 12025-12-310001825248Mirra-Primeaccess Holdings, LLC | Health Care Providers & Services 22025-12-310001825248MRI Software, LLC | Software 12025-12-310001825248MRI Software, LLC | Software 22025-12-310001825248MRI Software, LLC | Software 32025-12-310001825248MRI Software, LLC | Software 42025-12-310001825248Muth Mirror Systems, LLC | Automobile Components 12025-12-310001825248Muth Mirror Systems, LLC | Automobile Components 22025-12-310001825248MWH Intermediate II, LLC | Financial Services 12025-12-310001825248MWH Intermediate II, LLC | Financial Services 22025-12-310001825248MWH Intermediate II, LLC | Financial Services 32025-12-310001825248Norvax, LLC | Insurance 12025-12-310001825248Norvax, LLC | Insurance 22025-12-310001825248Odessa Technologies, Inc. | Software 12025-12-310001825248Odessa Technologies, Inc. | Software 22025-12-310001825248ORG GC Holdings, LLC | Professional Services 12025-12-310001825248Palmdale Oil Co., LLC | Oil, Gas & Consumable Fuels2025-12-310001825248PetVet Care Centers, LLC | Health Care Providers & Services 12025-12-310001825248PetVet Care Centers, LLC | Health Care Providers & Services 22025-12-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 12025-12-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 22025-12-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 32025-12-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 42025-12-310001825248Pie Buyer, Inc. | Consumer Staples Distribution & Retail 52025-12-310001825248Pluralsight, LLC | Software 12025-12-310001825248Pluralsight, LLC | Software 22025-12-310001825248Pluralsight, LLC | Software 32025-12-310001825248Pluto Acquisition I, Inc. | Health Care Providers & Services 12025-12-310001825248Questex, Inc. | Media 12025-12-310001825248Questex, Inc. | Media 22025-12-310001825248Reagent Chemical and Research, LLC | Chemicals 12025-12-310001825248Reagent Chemical and Research, LLC | Chemicals 22025-12-310001825248Reagent Chemical and Research, LLC | Chemicals 32025-12-310001825248Relativity Oda, LLC | Software2025-12-310001825248Rialto Management Group, LLC | Financial Services 12025-12-310001825248Rialto Management Group, LLC | Financial Services 22025-12-310001825248Roadsafe Holdings, Inc. | Transportation Infrastructure 12025-12-310001825248Roadsafe Holdings, Inc. | Transportation Infrastructure 22025-12-310001825248Roadsafe Holdings, Inc. | Transportation Infrastructure 32025-12-310001825248Roadsafe Holdings, Inc. | Transportation Infrastructure 42025-12-310001825248Saab Purchaser, Inc. | Software 12025-12-310001825248Saab Purchaser, Inc. | Software 22025-12-310001825248Saab Purchaser, Inc. | Software 32025-12-310001825248Saturn SHC Buyer Holdings, Inc. | Health Care Providers & Services 12025-12-310001825248Saturn SHC Buyer Holdings, Inc. | Health Care Providers & Services 22025-12-310001825248Saturn SHC Buyer Holdings, Inc. | Health Care Providers & Services 32025-12-310001825248Saturn Sound Bidco, Ltd. | Trading Companies & Distributors 12025-12-310001825248Saturn Sound Bidco, Ltd. | Trading Companies & Distributors 22025-12-310001825248SCIH Salt Holdings, Inc. | Chemicals2025-12-310001825248Sherlock Buyer Corp. | Professional Services 12025-12-310001825248Sherlock Buyer Corp. | Professional Services 22025-12-310001825248Simplifi Holdings, Inc. | Media 12025-12-310001825248Simplifi Holdings, Inc. | Media 22025-12-310001825248SitusAMC Holdings Corp. | Financial Services 2025-12-310001825248Striper Buyer, LLC | Containers & Packaging 2025-12-310001825248SunMed Group Holdings, LLC | Health Care Equipment & Supplies 12025-12-310001825248SunMed Group Holdings, LLC | Health Care Equipment & Supplies 22025-12-310001825248Tax Defense Network, LLC | Diversified Consumer Services 12025-12-310001825248Tax Defense Network, LLC | Diversified Consumer Services 22025-12-310001825248Tax Defense Network, LLC | Diversified Consumer Services 32025-12-310001825248TEI Intermediate, LLC | Commercial Services & Supplies 12025-12-310001825248TEI Intermediate, LLC | Commercial Services & Supplies 22025-12-310001825248TEI Intermediate, LLC | Commercial Services & Supplies 32025-12-310001825248The NPD Group, LP | Professional Services 12025-12-310001825248The NPD Group, LP | Professional Services 22025-12-310001825248Therapy Brands Holdings, LLC | Health Care Technology 12025-12-310001825248Tivity Health, Inc. | Health Care Providers & Services 2025-12-310001825248Trinity Air Consultants Holdings Corp. | Professional Services 12025-12-310001825248Trinity Air Consultants Holdings Corp. | Professional Services 22025-12-310001825248Trinity Air Consultants Holdings Corp. | Professional Services 32025-12-310001825248Triple Lift, Inc. | Media 12025-12-310001825248Triple Lift, Inc. | Media 22025-12-310001825248Trystar, LLC | Electrical Equipment 12025-12-310001825248Trystar, LLC | Electrical Equipment 22025-12-310001825248Trystar, LLC | Electrical Equipment 32025-12-310001825248Trystar, LLC | Electrical Equipment 42025-12-310001825248Urban One, Inc. | Media2025-12-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 12025-12-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 22025-12-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 32025-12-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 42025-12-310001825248US Oral Surgery Management Holdco, LLC | Health Care Providers & Services 52025-12-310001825248US Salt Investors, LLC | Metals & Mining 12025-12-310001825248US Salt Investors, LLC | Metals & Mining 22025-12-310001825248Vanco Payment Solutions, LLC | Software 12025-12-310001825248Vanco Payment Solutions, LLC| Software 22025-12-310001825248Varicent Intermediate Holdings Corp. | Software 12025-12-310001825248Varicent Intermediate Holdings Corp. | Software 22025-12-310001825248Varicent Intermediate Holdings Corp. | Software 32025-12-310001825248Varicent Intermediate Holdings Corp. | Software 42025-12-310001825248Varicent Intermediate Holdings Corp. | Software 52025-12-310001825248Victors CCC Buyer, LLC | Professional Services 12025-12-310001825248Victors CCC Buyer, LLC | Professional Services 22025-12-310001825248Victors CCC Buyer, LLC | Professional Services 32025-12-310001825248West Coast Dental Services, Inc. | Health Care Providers & Services 12025-12-310001825248West Coast Dental Services, Inc. | Health Care Providers & Services 22025-12-310001825248West Coast Dental Services, Inc. | Health Care Providers & Services 32025-12-310001825248Westwood Professional Services, Inc. | Construction & Engineering 12025-12-310001825248Westwood Professional Services, Inc. | Construction & Engineering 22025-12-310001825248Westwood Professional Services, Inc. | Construction & Engineering 32025-12-310001825248Wharf Street Ratings Acquisition, LLC | Capital Markets 12025-12-310001825248Wharf Street Ratings Acquisition, LLC | Capital Markets 22025-12-310001825248Wharf Street Ratings Acquisition, LLC | Capital Markets 32025-12-310001825248WHCG Purchaser III, Inc. | Health Care Providers & Services 12025-12-310001825248WIN Holdings III Corp. | Diversified Consumer Services 12025-12-310001825248WIN Holdings III Corp. | Diversified Consumer Services 22025-12-310001825248WIN Holdings III Corp. | Diversified Consumer Services 32025-12-310001825248WIN Holdings III Corp. | Diversified Consumer Services 42025-12-310001825248Wipfli Advisory, LLC | Financial Services 12025-12-310001825248Wipfli Advisory, LLC | Financial Services 22025-12-310001825248Wipfli Advisory, LLC | Financial Services 32025-12-310001825248Zendesk, Inc. | Software 12025-12-310001825248Zendesk, Inc. | Software 22025-12-310001825248fbcc:DebtSecuritiesSeniorSecuredSecondLienMember2025-12-310001825248Alera Group, Inc. | Insurance2025-12-310001825248American Rock Salt Company, LLC | Chemicals 22025-12-310001825248Ascensus Group Holdings, Inc. | Financial Services2025-12-310001825248Corelogic, Inc. | IT Services2025-12-310001825248Coronis Health I, LLC | Health Care Technology 32025-12-310001825248Edelman Financial Center, LLC | Capital Markets2025-12-310001825248Integrated Efficiency Solutions, Inc. | Electrical Equipment 22025-12-310001825248ORG GC Holdings, LLC | Professional Services 22025-12-310001825248Pluto Acquisition I, Inc. | Health Care Providers & Services 22025-12-310001825248Therapy Brands Holdings, LLC | Health Care Technology 22025-12-310001825248 Urban One, Inc. | Media2025-12-310001825248Victory Buyer, LLC | Building 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12025-12-310001825248Gordian Medical, Inc. | Health Care Providers & Services 22025-12-310001825248Higginbotham Insurance Agency, Inc. | Insurance2025-12-310001825248Integrated Efficiency Solutions, Inc. | Electrical Equipment 32025-12-310001825248Integrated Efficiency Solutions, Inc. | Electrical Equipment 42025-12-310001825248International Cruise & Excursion Gallery, Inc. | Hotels, Restaurants & Leisure 22025-12-310001825248Kahala Aviation, LLC | Asset Based Financing2025-12-310001825248McDonald Worley, P.C. | Professional Services 22025-12-310001825248MGTF Holdco, LLC | Media2025-12-310001825248Motor Vehicle Software Corp. | Software2025-12-310001825248Muth Mirror Systems, LLC | Automobile Components 32025-12-310001825248Muth Mirror Systems, LLC | Automobile Components 42025-12-310001825248ORG GC Holdings, LLC | Professional Services 22025-12-310001825248ORG GC Holdings, LLC | Professional Services 32025-12-310001825248PennantPark Credit Opportunities Fund II, LP | Capital 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Restaurants & Leisure 12026-03-310001825248Entain, PLC, Hotels, Restaurants & Leisure 22026-03-310001825248Epicor Software Corp., Software2026-03-310001825248FinThrive Software Intermediate Holdings, Inc., Health Care Technology2026-03-310001825248Fitness International, LLC, Hotels, Restaurants & Leisure2026-03-310001825248FNZ Group Entities, Ltd., Financial Services2026-03-310001825248Focus Financial Partners, LLC, Capital Markets2026-03-310001825248Foresight Energy Operating, LL, Oil, Gas & Consumable Fuels2026-03-310001825248Freeport LNG Investments, LLLP, Oil, Gas & Consumable Fuels2026-03-310001825248Gainwell Acquisition Corp., Health Care Technology2026-03-310001825248Geon Performance Solutions, LLC, Chemicals2026-03-310001825248Geosyntec Consultants, Inc., Professional Services2026-03-310001825248Global Medical Response, Inc., Health Care Providers & Services2026-03-310001825248Golden State Foods, LLC, Food Products2026-03-310001825248Gulfside Supply, Inc., Building Products2026-03-310001825248Hamilton Projects Acquiror, LLC, Independent Power and Renewable Electricity Producers2026-03-310001825248HelpSystems Holdings, Inc., Software2026-03-310001825248Hologic, Inc., Health Care Equipment & Supplies2026-03-310001825248Hudson River Trading, LLC, Capital Markets2026-03-310001825248Hunter Douglas, Inc., Household Durables2026-03-310001825248Icon Parent I, Inc., Software2026-03-310001825248IDERA, Inc., Software2026-03-310001825248Indicor, LLC, Industrial Conglomerates2026-03-310001825248Invenergy Thermal Operating I, LLC, Independent Power and Renewable Electricity Producers 12026-03-310001825248Invenergy Thermal Operating I, LLC, Independent Power and Renewable Electricity Producers 22026-03-310001825248ION Platform Finance US, Inc., Software2026-03-310001825248Jane Street Group, LLC, Financial Services2026-03-310001825248Jump Financial, LLC, Financial Services2026-03-310001825248Kaman Corp., Aerospace & Defense 12026-03-310001825248Kaman Corp., Aerospace & Defense 22026-03-310001825248Kaseya, Inc., Software2026-03-310001825248Kingpin Intermediate Holdings, LLC, Hotels, Restaurants & Leisure 12026-03-310001825248Kingpin Intermediate Holdings, LLC, Hotels, Restaurants & Leisure 22026-03-310001825248Kodiak Building Partners, LLC, Building Products2026-03-310001825248LABL, Inc., Containers & Packaging2026-03-310001825248LBM Acquisition, LLC, Building Products2026-03-310001825248Max US Bidco, Inc., Food Products2026-03-310001825248Merlin Buyer, Inc., Machinery 12026-03-310001825248Merlin Buyer, Inc., Machinery 22026-03-310001825248Mermaid Bidco, Inc. , IT Services2026-03-310001825248MH Sub I, LLC, IT Services2026-03-310001825248Monogram Food Solutions, LLC, Food Products2026-03-310001825248Multi-Color Corp., Containers & Packaging2026-03-310001825248Nexus Buyer, LLC , Capital Markets2026-03-310001825248Nouryon Finance B.V., Chemicals2026-03-310001825248Omnia Partners, LLC, Commercial Services & Supplies2026-03-310001825248Peer Holding III B.V., Broadline Retail2026-03-310001825248PetSmart, LLC, Specialty Retail2026-03-310001825248Pluto Acquisition I, Inc., Health Care Providers & Services2026-03-310001825248PODS, LLC, Air Freight & Logistics2026-03-310001825248Pregis TopCo, LLC, Containers & Packaging2026-03-310001825248Pretzel Parent, Inc, Entertainment2026-03-310001825248Primo Brands Corp., Beverages2026-03-310001825248ProAmpac PG Borrower, LLC, Chemicals2026-03-310001825248Proofpoint, Inc, Software2026-03-310001825248Pug, LLC, Entertainment2026-03-310001825248Quikrete Holdings, Inc., Construction Materials 12026-03-310001825248Quikrete Holdings, Inc., Construction Materials 22026-03-310001825248Radiology Partners, Inc, Health Care Providers & Services2026-03-310001825248Raven Acquisition Holdings, LLC, Health Care Providers & Services 12026-03-310001825248Raven Acquisition Holdings, LLC, Health Care Providers & Services 22026-03-310001825248Recess Holdings, Inc., Household Durables2026-03-310001825248Red Planet Borrower, LLC, Media2026-03-310001825248Renaissance Holdings Corp., Diversified Consumer Services2026-03-310001825248Rithum Holdings, Inc., Software2026-03-310001825248S&S Holdings, LLC, Textiles, Apparel & luxury goods2026-03-310001825248Sedgwick Claims Management Services, Inc., Health Care Providers & Services2026-03-310001825248Sharp Services, LLC, Health Care Providers & Services2026-03-310001825248Sonrava Health Holdings, LLC, Health Care Providers & Services 12026-03-310001825248Sonrava Health Holdings, LLC, Health Care Providers & Services 22026-03-310001825248Sonrava Health Holdings, LLC, Health Care Providers & Services 32026-03-310001825248Sotera Health Holdings, LLC, Life Sciences Tools & Services2026-03-310001825248Specialty Building Products Holdings, LLC, Building Products2026-03-310001825248Staples, Inc., Specialty Retail2026-03-310001825248Starlight Parent, LLC, Software2026-03-310001825248Stonepeak Nile Parent, LLC, Air Freight & Logistics2026-03-310001825248Tecta America Corp., Construction & Engineering2026-03-310001825248TK Elevator Midco GmbH, Machinery2026-03-310001825248TransDigm, Inc., Aerospace & Defense2026-03-310001825248Traverse Midstream Partners, LLC, Oil, Gas & Consumable Fuels2026-03-310001825248Truck Hero, Inc, Automobile Components 12026-03-310001825248Truck Hero, Inc, Automobile Components 22026-03-310001825248UKG, Inc., Software2026-03-310001825248United Airlines, Inc., Passenger Airlines2026-03-310001825248University Support Services, LLC, Diversified Consumer Services2026-03-310001825248US Anesthesia Partners, Inc., Health Care Providers & Services2026-03-310001825248VFH Parent, LLC, Capital Markets2026-03-310001825248WCG Intermediate Corp., Health Care Providers & Services2026-03-310001825248WestJet Loyalty, LP, Passenger Airlines2026-03-310001825248White Cap Supply Holdings, LLC, Building Products2026-03-310001825248Windsor Holdings III, LLC, Chemicals2026-03-310001825248Zayo Group Holdings, Inc., Diversified Telecommunication Services2026-03-310001825248fbcc:DebtSecuritiesSeniorSecuredFirstLienMemberfbcc:FBLCSeniorLoanFundLLCMember2026-03-310001825248American Rock Salt Company, LLC, Chemicals, S+ 7.25% (11.03%)2026-03-310001825248Edelman Financial Center, LLC, Capital Markets, S+ 5.25% (8.92%)2026-03-310001825248IDERA, Inc., Software, S+ 6.75% (10.56%)2026-03-310001825248Peraton Corp., Communications Equipment, S+ 7.75% (11.52%)2026-03-310001825248fbcc:DebtSecuritiesSeniorSecuredSecondLienMemberfbcc:FBLCSeniorLoanFundLLCMember2026-03-310001825248Resideo Funding, Inc., Building Products2026-03-310001825248us-gaap:SubordinatedDebtMemberfbcc:FBLCSeniorLoanFundLLCMember2026-03-310001825248AIG CLO, Ltd. 21-1A F, Capital Markets2026-03-310001825248Battalion CLO, Ltd. 21-17A F, Capital Markets2026-03-310001825248Carlyle GMS CLO, 16-3A FRR, Capital Markets2026-03-310001825248Eaton Vance CDO, Ltd. 15-1A FR, Capital Markets2026-03-310001825248Greywolf CLO, Ltd. 20-3RA ER, Capital Markets2026-03-310001825248Highbridge Loan Management, Ltd. 11A-17 E, Capital Markets2026-03-310001825248KKR Financial CLO, Ltd. 15 FR, Capital Markets2026-03-310001825248LCM, Ltd. Partnership 16A ER2, Capital Markets2026-03-310001825248Saranac CLO, Ltd. 20-8A E, Capital Markets2026-03-310001825248Sound Point CLO, Ltd. 17-2A E, Capital Markets2026-03-310001825248Sound Point CLO, Ltd. 18-3A D, Capital Markets2026-03-310001825248Symphony CLO, Ltd. 2012-9A ER2, Capital Markets2026-03-310001825248Venture CLO 43, Ltd. 21-43A E, Capital Markets2026-03-310001825248Wind River CLO, Ltd. 14-2A FR, Capital Markets2026-03-310001825248us-gaap:CollateralizedSecuritiesMemberfbcc:FBLCSeniorLoanFundLLCMember2026-03-310001825248Gordian Medical, Inc., Health Care Providers & Services 12026-03-310001825248Gordian Medical, Inc., Health Care Providers & Services 22026-03-310001825248PG&E Corp., Electric Utilities2026-03-310001825248Resolute Investment Managers, Inc., Capital Markets2026-03-310001825248fbcc:EquityAndOtherMemberfbcc:FBLCSeniorLoanFundLLCMember2026-03-310001825248AAdvantage Loyalty IP, Ltd., Passenger Airlines2025-12-310001825248Acrisure, LLC, Insurance2025-12-310001825248ADMI Corp., Health Care Providers & Services2025-12-310001825248Adtalem Global Education, Inc., Diversified Consumer Services2025-12-310001825248Alera Group, Inc., Insurance2025-12-310001825248Allwyn Entertainment Financing US, LLC, Hotels, Restaurants & Leisure2025-12-310001825248ARC Falcon I, Inc., Chemicals2025-12-310001825248Arches Buyer, Inc., Media2025-12-310001825248Arcline FM Holdings, LLC, Aerospace & Defense2025-12-310001825248Artera Services, LLC, Construction & Engineering2025-12-310001825248Ascend Learning, LLC , Diversified Consumer Services2025-12-310001825248Ascensus Group Holdings, Inc., Financial Services2025-12-310001825248Athenahealth Group, Inc., Health Care Technology2025-12-310001825248Athletico Management, LLC, Health Care Providers & Services2025-12-310001825248Avalara, Inc, Software2025-12-310001825248Beach Acquisition Bidco, LLC, Textiles, Apparel & luxury goods2025-12-310001825248Bella Holding Co., LLC, Health Care Providers & Services2025-12-310001825248Belron Finance 2019, LLC, Diversified Consumer Services2025-12-310001825248Blackhawk Network Holdings, Inc., Professional Services2025-12-310001825248Blackstone CQP Holdco, LP, Oil, Gas & Consumable Fuels2025-12-310001825248CD&R Hydra Buyer, Inc., Industrial Conglomerates2025-12-310001825248Cirque Du Soleil Holding USA Newco, Inc., Entertainment2025-12-310001825248Citadel Securities, LP, Financial Services2025-12-310001825248Clarios Global, LP, Automobile Components2025-12-310001825248Clover Holding 2, LLC, Software2025-12-310001825248CNT Holdings I Corp., Personal Care Products2025-12-310001825248Compass Power Generation, LLC, Independent Power and Renewable Electricity Producers2025-12-310001825248Connectwise, LLC, Software2025-12-310001825248Conservice Midco, LLC, Diversified Consumer Services2025-12-310001825248Corelogic, Inc., IT Services2025-12-310001825248Cornerstone Building Brands, Inc., Building Products2025-12-310001825248Cotiviti, Inc., Health Care Providers & Services 12025-12-310001825248Cotiviti, Inc., Health Care Providers & Services 22025-12-310001825248Crisis Prevention Institute, Inc., Diversified Consumer Services2025-12-310001825248Crown Finance US, Inc., Entertainment2025-12-310001825248Directv Financing, LLC, Media2025-12-310001825248EIG Management Co., LLC, Capital Markets2025-12-310001825248Emerald Borrower, LP, Machinery2025-12-310001825248Ensemble RCM, LLC, Health Care Providers & Services2025-12-310001825248Entain, PLC, Hotels, Restaurants & Leisure 12025-12-310001825248Entain, PLC, Hotels, Restaurants & Leisure 22025-12-310001825248Epicor Software Corp., Software2025-12-310001825248FinThrive Software Intermediate Holdings, Inc., Health Care Technology2025-12-310001825248Fitness International, LLC, Hotels, Restaurants & Leisure2025-12-310001825248FNZ Group Entities, Ltd., Financial Services2025-12-310001825248Focus Financial Partners, LLC, Capital Markets2025-12-310001825248Foresight Energy Operating, LLC, Oil, Gas & Consumable Fuels2025-12-310001825248Freeport LNG Investments, LLLP, Oil, Gas & Consumable Fuels2025-12-310001825248Galaxy US OpCo, Inc., Professional Services2025-12-310001825248Geon Performance Solutions, LLC, Chemicals2025-12-310001825248Geosyntec Consultants, Inc., Professional Services2025-12-310001825248Global Medical Response, Inc., Health Care Providers & Services2025-12-310001825248Golden State Foods, LLC, Food Products2025-12-310001825248Gulfside Supply, Inc., Building Products2025-12-310001825248Hamilton Projects Acquiror, LLC, Independent Power and Renewable Electricity Producers2025-12-310001825248HelpSystems Holdings, Inc., Software2025-12-310001825248Hudson River Trading, LLC, Capital Markets2025-12-310001825248Hunter Douglas, Inc., Household Durables2025-12-310001825248Icon Parent I, Inc., Software2025-12-310001825248IDERA, Inc., Software 12025-12-310001825248Invenergy Thermal Operating I, LLC, Independent Power and Renewable Electricity Producers2025-12-310001825248Invenergy Thermal Operating I, LLC, Independent Power and Renewable Electricity Producers 22025-12-310001825248ION Platform Finance US, Inc., Software2025-12-310001825248Jane Street Group, LLC, Financial Services2025-12-310001825248Jump Financial, LLC, Financial Services2025-12-310001825248Kaman Corp., Aerospace & Defense 12025-12-310001825248Kaman Corp., Aerospace & Defense 22025-12-310001825248Kaseya, Inc., Software2025-12-310001825248Kingpin Intermediate Holdings, LLC, Hotels, Restaurants & Leisure 12025-12-310001825248Kingpin Intermediate Holdings, LLC, Hotels, Restaurants & Leisure 22025-12-310001825248Kodiak Building Partners, LLC, Building Products2025-12-310001825248LABL, Inc., Containers & Packaging2025-12-310001825248Max US Bidco, Inc., Food Products2025-12-310001825248Merlin Buyer, Inc., Machinery2025-12-310001825248Mermaid Bidco Inc, IT Services2025-12-310001825248MH Sub I, LLC, IT Services2025-12-310001825248Monogram Food Solutions, LLC, Food Products2025-12-310001825248Nexus Buyer, LLC, Capital Markets2025-12-310001825248Nouryon Finance B.V., Chemicals2025-12-310001825248Omnia Partners, LLC , Commercial Services & Supplies2025-12-310001825248Peer Holding III B.V., Broadline Retail2025-12-310001825248PetSmart, LLC, Specialty Retail2025-12-310001825248Pluto Acquisition I, Inc., Health Care Providers & Services2025-12-310001825248PODS, LLC, Air Freight & Logistics2025-12-310001825248Pregis TopCo, LLC, Containers & Packaging2025-12-310001825248Pretzel Parent, Inc., Entertainment2025-12-310001825248Proofpoint, Inc., Software2025-12-310001825248Pug, LLC, Entertainment2025-12-310001825248Quikrete Holdings, Inc., Construction Materials 12025-12-310001825248Quikrete Holdings, Inc., Construction Materials 22025-12-310001825248Radiology Partners, Inc., Health Care Providers & Services2025-12-310001825248Raven Acquisition Holdings, LLC, Health Care Providers & Services 12025-12-310001825248Raven Acquisition Holdings, LLC, Health Care Providers & Services 22025-12-310001825248Recess Holdings, Inc., Household Durables2025-12-310001825248Red Planet Borrower, LLC, Media2025-12-310001825248Renaissance Holdings Corp., Diversified Consumer Services2025-12-310001825248Rithum Holdings, Inc., Software2025-12-310001825248Roper Industrial Products Investment Co., LLC, Industrial Conglomerates2025-12-310001825248S&S Holdings, LLC, Textiles, Apparel & luxury goods2025-12-310001825248Sedgwick Claims Management Services, Inc., Health Care Providers & Services2025-12-310001825248Sharp Services, LLC, Health Care Providers & Services2025-12-310001825248Sonrava Health Holdings, LLC, Health Care Providers & Services 12025-12-310001825248Sonrava Health Holdings, LLC, Health Care Providers & Services 22025-12-310001825248Sonrava Health Holdings, LLC, Health Care Providers & Services 32025-12-310001825248Sotera Health Holdings, LLC, Life Sciences Tools & Services2025-12-310001825248Specialty Building Products Holdings, LLC, Building Products2025-12-310001825248Staples, Inc., Specialty Retail2025-12-310001825248Starlight Parent, LLC, Software2025-12-310001825248Stonepeak Nile Parent, LLC , Air Freight & Logistics2025-12-310001825248Tecta America Corp., Construction & Engineering2025-12-310001825248TransDigm, Inc., Aerospace & Defense2025-12-310001825248Traverse Midstream Partners, LLC, Oil, Gas & Consumable Fuels2025-12-310001825248Triton Water Holdings, Inc., Beverages2025-12-310001825248Truck Hero, Inc., Automobile Components 12025-12-310001825248Truck Hero, Inc., Automobile Components 22025-12-310001825248UKG, Inc., Software2025-12-310001825248United Airlines, Inc., Passenger Airlines2025-12-310001825248University Support Services, LLC , Diversified Consumer Services2025-12-310001825248US Anesthesia Partners, Inc., Health Care Providers & Services2025-12-310001825248VFH Parent, LLC, Capital Markets2025-12-310001825248Victory Buyer, LLC, Building Products2025-12-310001825248WCG Purchaser Corp., Health Care Providers & Services2025-12-310001825248WestJet Loyalty, LP, Passenger Airlines2025-12-310001825248White Cap Supply Holdings, LLC, Building Products2025-12-310001825248Windsor Holdings III, LLC, Chemicals2025-12-310001825248X Corp., Interactive Media & Services 12025-12-310001825248X Corp., Interactive Media & Services 22025-12-310001825248Zayo Group Holdings, Inc., Diversified Telecommunication Services2025-12-310001825248fbcc:DebtSecuritiesSeniorSecuredFirstLienMemberfbcc:FBLCSeniorLoanFundLLCMember2025-12-310001825248American Rock Salt Company, LLC, Chemicals2025-12-310001825248Edelman Financial Center, LLC, Capital Markets2025-12-310001825248IDERA, Inc., Software 22025-12-310001825248Neptune Bidco US, Inc., Interactive Media & Services2025-12-310001825248Peraton Corp., Communications Equipment2025-12-310001825248fbcc:DebtSecuritiesSeniorSecuredSecondLienMemberfbcc:FBLCSeniorLoanFundLLCMember2025-12-310001825248Resideo Funding, Inc., Building Products2025-12-310001825248us-gaap:SubordinatedDebtMemberfbcc:FBLCSeniorLoanFundLLCMember2025-12-310001825248AIG CLO, Ltd. 21-1A F, Capital Markets2025-12-310001825248Battalion CLO, Ltd. 21-17A F, Capital Markets2025-12-310001825248Carlyle GMS CLO, 16-3A FRR, Capital Markets2025-12-310001825248Eaton Vance CDO, Ltd. 15-1A FR, Capital Markets2025-12-310001825248Greywolf CLO, Ltd. 20-3RA ER, Capital Markets2025-12-310001825248Highbridge Loan Management, Ltd. 11A-17 E, Capital Markets2025-12-310001825248KKR Financial CLO, Ltd. 15 FR, Capital Markets2025-12-310001825248LCM, Ltd. 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Senior Secured First Lien Debt 12026-03-310001825248Charter Industries Holdings, LLC. Senior Secured First Lien Debt 22026-03-310001825248Cliffwater, LLC. Senior Secured First Lien Debt2026-03-310001825248Coalesce Merlin Purchaser, LLC. Senior Secured First Lien Debt 12026-03-310001825248Coalesce Merlin Purchaser, LLC. Senior Secured First Lien Debt 22026-03-310001825248Communication Technology Intermediate, LLC. Senior Secured First Lien Debt2026-03-310001825248Coronis Health I, LLC. Senior Secured First Lien Debt2026-03-310001825248Einstein Parent, Inc.. Senior Secured First Lien Debt2026-03-310001825248Electric Power Engineers, LLC. Senior Secured First Lien Debt 12026-03-310001825248Electric Power Engineers, LLC. Senior Secured First Lien Debt 22026-03-310001825248Electro-Methods, LP, Senior Secured First Lien Debt2026-03-310001825248FGT Purchaser, LLC, Senior Secured First Lien Debt2026-03-310001825248Flow Traders Holding, LLC, Senior Secured First Lien Debt2026-03-310001825248Galway Borrower, LLC, Senior Secured First Lien Debt 12026-03-310001825248Galway Borrower, LLC, Senior Secured First Lien Debt 22026-03-310001825248Groome Purchaser, LLC, Senior Secured First Lien Debt 12026-03-310001825248Groome Purchaser, LLC, Senior Secured First Lien Debt 22026-03-310001825248Groome Purchaser, LLC, Senior Secured First Lien Debt 32026-03-310001825248High Street Buyer, Inc., Senior Secured First Lien Debt2026-03-310001825248Hospice Care Buyer, Inc., Senior Secured First Lien Debt2026-03-310001825248Hunter Communications, Senior Secured First Lien Debt2026-03-310001825248Hunter Communications & Technologies, LLC, Senior Secured First Lien Debt2026-03-310001825248ICAT Intermediate Holdings, LLC, Senior Secured First Lien Debt 12026-03-310001825248ICAT Intermediate Holdings, LLC, Senior Secured First Lien Debt 22026-03-310001825248Ideal Tridon Holdings, Inc., Senior Secured First Lien Debt 12026-03-310001825248Ideal Tridon Holdings, Inc., Senior Secured First Lien Debt 22026-03-310001825248IG Investments Holdings, LLC, Senior Secured First Lien Debt2026-03-310001825248Indigo Buyer, Inc., Senior Secured First Lien Debt 12026-03-310001825248Indigo Buyer, Inc., Senior Secured First Lien Debt 22026-03-310001825248InhabitIQ, Inc., Senior Secured First Lien Debt 12026-03-310001825248InhabitIQ, Inc., Senior Secured First Lien Debt 22026-03-310001825248Integrated Global Services, Inc., Senior Secured First Lien Debt 12026-03-310001825248Integrated Global Services, Inc., Senior Secured First Lien Debt 22026-03-310001825248IQN Holding Corp., Senior Secured First Lien Debt2026-03-310001825248Kahala Ireland Opco DAC, Subordinated Debt2026-03-310001825248Knowledge Pro Buyer, Inc., Senior Secured First Lien Debt 12026-03-310001825248Knowledge Pro Buyer, Inc., Senior Secured First Lien Debt 22026-03-310001825248Last Dance Intermediate II, LLC, Senior Secured First Lien Debt 12026-03-310001825248Last Dance Intermediate II, LLC, Senior Secured First Lien Debt 22026-03-310001825248Last Dance Intermediate II, LLC, Senior Secured First Lien Debt 32026-03-310001825248Lighthouse Intelligence, Ltd., Senior Secured First Lien Debt 12026-03-310001825248Lighthouse Intelligence, Ltd., Senior Secured First Lien Debt 22026-03-310001825248Mandrake Bidco, Inc., Senior Secured First Lien Debt2026-03-310001825248Manna Pro Products, LLC, Senior Secured First Lien Debt2026-03-310001825248McDonald Worley, P.C., Senior Secured First Lien Debt 12026-03-310001825248McDonald Worley, P.C., Senior Secured First Lien Debt 22026-03-310001825248Medical Management Resource Group, LLC, Senior Secured First Lien Debt2026-03-310001825248Midwest Can Company, LLC, Senior Secured First Lien Debt2026-03-310001825248Mirra-Primeaccess Holdings, LLC, Senior Secured First Lien Debt2026-03-310001825248MRI Software, LLC, Senior Secured First Lien Debt 12026-03-310001825248MRI Software, LLC, Senior Secured First Lien Debt 22026-03-310001825248Muth Mirror Systems, LLC, Senior Secured First Lien Debt2026-03-310001825248MWH Intermediate II, LLC, Senior Secured First Lien Debt2026-03-310001825248Odessa Technologies, Inc., Senior Secured First Lien Debt2026-03-310001825248One Source Virtual, Inc., Senior Secured First Lien Debt2026-03-310001825248Palmdale Oil Co., LLC, Senior Secured First Lien Debt2026-03-310001825248PetVet Care Centers, LLC, Senior Secured First Lien Debt2026-03-310001825248Pie Buyer, Inc., Senior Secured First Lien Debt2026-03-310001825248Pluralsight, LLC, Senior Secured First Lien Debt 12026-03-310001825248Pluralsight, LLC, Senior Secured First Lien Debt 22026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt2026-03-310001825248Questex, Inc., Senior Secured First Lien Debt2026-03-310001825248Reagent Chemical and Research, LLC, Senior Secured First Lien Debt2026-03-310001825248Rialto Management Group, LLC, Senior Secured First Lien Debt2026-03-310001825248Saab Purchaser, Inc., Senior Secured First Lien Debt 12026-03-310001825248Saab Purchaser, Inc., Senior Secured First Lien Debt 22026-03-310001825248Saturn SHC Buyer Holdings, Inc., Senior Secured First Lien Debt2026-03-310001825248Saturn Sound Bidco, Ltd., Senior Secured First Lien Debt2026-03-310001825248SCIH Salt Holdings, Inc., Senior Secured First Lien Debt2026-03-310001825248Sherlock Buyer Corp., Senior Secured First Lien Debt2026-03-310001825248Simplifi Holdings, Inc., Senior Secured First Lien Debt2026-03-310001825248SunMed Group Holdings, LLC, Senior Secured First Lien Debt2026-03-310001825248TEI Intermediate, LLC, Senior Secured First Lien Debt 12026-03-310001825248TEI Intermediate, LLC, Senior Secured First Lien Debt 22026-03-310001825248The NPD Group, LP, Senior Secured First Lien Debt2026-03-310001825248Trinity Air Consultants Holdings Corp., Senior Secured First Lien Debt 12026-03-310001825248Trinity Air Consultants Holdings Corp., Senior Secured First Lien Debt 22026-03-310001825248Triple Lift, Inc., Senior Secured First Lien Debt2026-03-310001825248Trystar, LLC, Senior Secured First Lien Debt2026-03-310001825248US Oral Surgery Management Holdco, LLC, Senior Secured First Lien Debt2026-03-310001825248US Salt Investors, LLC, Senior Secured First Lien Debt2026-03-310001825248Vanco Payment Solutions, LLC, Senior Secured First Lien Debt2026-03-310001825248Varicent Intermediate Holdings Corp., Senior Secured First Lien Debt 12026-03-310001825248Varicent Intermediate Holdings Corp., Senior Secured First Lien Debt 22026-03-310001825248Varicent Intermediate Holdings Corp., Senior Secured First Lien Debt 32026-03-310001825248Victors CCC Buyer, LLC, Senior Secured First Lien Debt 12026-03-310001825248Victors CCC Buyer, LLC, Senior Secured First Lien Debt 22026-03-310001825248West Coast Dental Services, Inc., Senior Secured First Lien Debt2026-03-310001825248Westwood Professional Services, Inc., Senior Secured First Lien Debt 12026-03-310001825248Westwood Professional Services, Inc., Senior Secured First Lien Debt 22026-03-310001825248Wharf Street Ratings Acquisition, LLC, Senior Secured First Lien Debt 12026-03-310001825248Wharf Street Ratings Acquisition, LLC, Senior Secured First Lien Debt 22026-03-310001825248WHCG Purchaser III, Inc., Senior Secured First Lien Debt2026-03-310001825248WIN Holdings III Corp., Senior Secured First Lien Debt2026-03-310001825248Wipfli Advisory, LLC, Senior Secured First Lien Debt 12026-03-310001825248Wipfli Advisory, LLC, Senior Secured First Lien Debt 22026-03-310001825248Zendesk, Inc., Senior Secured First Lien Debt2026-03-310001825248Accel International Holdings, LLC, Senior Secured First Lien Debt2025-12-310001825248ADCS Clinics Intermediate Holdings, LLC, Senior Secured First Lien Debt2025-12-310001825248Adelaide Borrower, LLC, Senior Secured First Lien Debt 12025-12-310001825248Adelaide Borrower, LLC, Senior Secured First Lien Debt 22025-12-310001825248Amylu Borrower Sub, LLC, Senior Secured First Lien Debt 12025-12-310001825248Amylu Borrower Sub, LLC, Senior Secured First Lien Debt 22025-12-310001825248Aprio Advisory Group, LLC, Senior Secured First Lien Debt 12025-12-310001825248Aprio Advisory Group, LLC, Senior Secured First Lien Debt 22025-12-310001825248Arch Global Precision, LLC, Senior Secured First Lien Debt2025-12-310001825248Arctic Holdco, LLC, Senior Secured First Lien Debt 12025-12-310001825248Arctic Holdco, LLC, Senior Secured First Lien Debt 22025-12-310001825248Armada Parent, Inc., Senior Secured First Lien Debt2025-12-310001825248Artifact Bidco, Inc., Senior Secured First Lien Debt 12025-12-310001825248Artifact Bidco, Inc., Senior Secured First Lien Debt 22025-12-310001825248AuditBoard, Inc., Senior Secured First Lien Debt2025-12-310001825248Azurite Intermediate Holdings, Inc., Senior Secured First Lien Debt2025-12-310001825248Bayou Holdings Buyer, Inc., Senior Secured First Lien Debt 12025-12-310001825248Bayou Holdings Buyer, Inc., Senior Secured First Lien Debt 22025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt2025-12-310001825248Big Apple Advisory, LLC, Senior Secured First Lien Debt 12025-12-310001825248Big Apple Advisory, LLC, Senior Secured First Lien Debt 22025-12-310001825248Bingo Group Buyer, Inc., Senior Secured First Lien Debt 12025-12-310001825248Bingo Group Buyer, Inc., Senior Secured First Lien Debt 22025-12-310001825248Capstone Acquisition Holdings, Inc., Senior Secured First Lien Debt2025-12-310001825248Carr, Riggs & Ingram Capital, LLC, Senior Secured First Lien Debt 12025-12-310001825248Carr, Riggs & Ingram Capital, LLC, Senior Secured First Lien Debt 22025-12-310001825248CCI Buyer, Inc., Senior Secured First Lien Debt2025-12-310001825248Charter Industries Holdings, LLC, Senior Secured First Lien Debt 12025-12-310001825248Charter Industries Holdings, LLC, Senior Secured First Lien Debt 22025-12-310001825248Cliffwater, LLC, Senior Secured First Lien Debt2025-12-310001825248Coalesce Merlin Purchaser, LLC, Senior Secured First Lien Debt 12025-12-310001825248Coalesce Merlin Purchaser, LLC, Senior Secured First Lien Debt 22025-12-310001825248Communication Technology Intermediate, LLC, Senior Secured First Lien Debt2025-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt2025-12-310001825248Einstein Parent, Inc., Senior Secured First Lien Debt2025-12-310001825248Electric Power Engineers, LLC, Senior Secured First Lien Debt 12025-12-310001825248Electric Power Engineers, LLC, Senior Secured First Lien Debt 22025-12-310001825248Electro-Methods, LP, Senior Secured First Lien Debt2025-12-310001825248FGT Purchaser, LLC, Senior Secured First Lien Debt2025-12-310001825248Flow Traders Holding, LLC, Senior Secured First Lien Debt2025-12-310001825248Galway Borrower, LLC, Senior Secured First Lien Debt 12025-12-310001825248Galway Borrower, LLC, Senior Secured First Lien Debt 22025-12-310001825248Groome Purchaser, LLC, Senior Secured First Lien Debt 12025-12-310001825248Groome Purchaser, LLC, Senior Secured First Lien Debt 22025-12-310001825248Groome Purchaser, LLC, Senior Secured First Lien Debt 32025-12-310001825248High Street Buyer, Inc., Senior Secured First Lien Debt2025-12-310001825248Hospice Care Buyer, Inc., Senior Secured First Lien Debt2025-12-310001825248ICAT Intermediate Holdings, LLC, Senior Secured First Lien Debt 12025-12-310001825248ICAT Intermediate Holdings, LLC, Senior Secured First Lien Debt 22025-12-310001825248ICR Operations, LLC, Senior Secured First Lien Debt 12025-12-310001825248ICR Operations, LLC, Senior Secured First Lien Debt 22025-12-310001825248Ideal Tridon Holdings, Inc., Senior Secured First Lien Debt 12025-12-310001825248Ideal Tridon Holdings, Inc., Senior Secured First Lien Debt 22025-12-310001825248IG Investments Holdings, LLC, Senior Secured First Lien Debt2025-12-310001825248Indigo Buyer, Inc., Senior Secured First Lien Debt 12025-12-310001825248Indigo Buyer, Inc., Senior Secured First Lien Debt 22025-12-310001825248InhabitIQ, Inc., Senior Secured First Lien Debt 12025-12-310001825248InhabitIQ, Inc., Senior Secured First Lien Debt 22025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt2025-12-310001825248Integrated Global Services, Inc., Senior Secured First Lien Debt 12025-12-310001825248Integrated Global Services, Inc., Senior Secured First Lien Debt 22025-12-310001825248IQN Holding Corp., Senior Secured First Lien Debt2025-12-310001825248Kahala Ireland Opco DAC, Subordinated Debt2025-12-310001825248Knowledge Pro Buyer, Inc., Senior Secured First Lien Debt 12025-12-310001825248Knowledge Pro Buyer, Inc., Senior Secured First Lien Debt 22025-12-310001825248Last Dance Intermediate II, LLC, Senior Secured First Lien Debt 12025-12-310001825248Last Dance Intermediate II, LLC, Senior Secured First Lien Debt 22025-12-310001825248Lighthouse Intelligence, Ltd., Senior Secured First Lien Debt 12025-12-310001825248Lighthouse Intelligence, Ltd., Senior Secured First Lien Debt 22025-12-310001825248Mandrake Bidco, Inc., Senior Secured First Lien Debt2025-12-310001825248Manna Pro Products, LLC, Senior Secured First Lien Debt2025-12-310001825248McDonald Worley, P.C., Senior Secured First Lien Debt 12025-12-310001825248McDonald Worley, P.C., Senior Secured First Lien Debt 22025-12-310001825248Medical Management Resource Group, LLC, Senior Secured First Lien Debt2025-12-310001825248Midwest Can Company, LLC, Senior Secured First Lien Debt2025-12-310001825248Mirra-Primeaccess Holdings, LLC, Senior Secured First Lien Debt2025-12-310001825248MRI Software, LLC, Senior Secured First Lien Debt 12025-12-310001825248MRI Software, LLC, Senior Secured First Lien Debt 22025-12-310001825248Muth Mirror Systems, LLC, Senior Secured First Lien Debt2025-12-310001825248MWH Intermediate II, LLC, Senior Secured First Lien Debt 12025-12-310001825248MWH Intermediate II, LLC, Senior Secured First Lien Debt 22025-12-310001825248Odessa Technologies, Inc., Senior Secured First Lien Debt2025-12-310001825248Palmdale Oil Co., LLC, Senior Secured First Lien Debt 12025-12-310001825248Palmdale Oil Co., LLC, Senior Secured First Lien Debt 22025-12-310001825248PetVet Care Centers, LLC, Senior Secured First Lien Debt2025-12-310001825248Pluralsight, LLC, Senior Secured First Lien Debt 12025-12-310001825248Pluralsight, LLC, Senior Secured First Lien Debt 22025-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 12025-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 22025-12-310001825248Questex, Inc., Senior Secured First Lien Debt2025-12-310001825248Reagent Chemical and Research, LLC, Senior Secured First Lien Debt2025-12-310001825248Relativity Oda, LLC, Senior Secured First Lien Debt2025-12-310001825248Rialto Management Group, LLC, Senior Secured First Lien Debt2025-12-310001825248Saab Purchaser, Inc., Senior Secured First Lien Debt 12025-12-310001825248Saab Purchaser, Inc., Senior Secured First Lien Debt 22025-12-310001825248Saturn SHC Buyer Holdings, Inc., Senior Secured First Lien Debt2025-12-310001825248Saturn Sound Bidco, Ltd., Senior Secured First Lien Debt2025-12-310001825248SCIH Salt Holdings, Inc., Senior Secured First Lien Debt2025-12-310001825248Sherlock Buyer Corp., Senior Secured First Lien Debt2025-12-310001825248Simplifi Holdings, Inc., Senior Secured First Lien Debt2025-12-310001825248SunMed Group Holdings, LLC, Senior Secured First Lien Debt2025-12-310001825248TEI Intermediate, LLC, Senior Secured First Lien Debt 12025-12-310001825248TEI Intermediate, LLC, Senior Secured First Lien Debt 22025-12-310001825248The NPD Group, LP, Senior Secured First Lien Debt2025-12-310001825248Trinity Air Consultants Holdings Corp., Senior Secured First Lien Debt 12025-12-310001825248Trinity Air Consultants Holdings Corp., Senior Secured First Lien Debt 22025-12-310001825248Triple Lift, Inc., Senior Secured First Lien Debt2025-12-310001825248Trystar, LLC, Senior Secured First Lien Debt 12025-12-310001825248Trystar, LLC, Senior Secured First Lien Debt 22025-12-310001825248US Oral Surgery Management Holdco, LLC, Senior Secured First Lien Debt2025-12-310001825248US Salt Investors, LLC, Senior Secured First Lien Debt2025-12-310001825248Vanco Payment Solutions, LLC, Senior Secured First Lien Debt2025-12-310001825248Varicent Intermediate Holdings Corp., Senior Secured First Lien Debt 12025-12-310001825248Varicent Intermediate Holdings Corp., Senior Secured First Lien Debt 22025-12-310001825248Varicent Intermediate Holdings Corp., Senior Secured First Lien Debt 32025-12-310001825248Victors CCC Buyer, LLC, Senior Secured First Lien Debt2025-12-310001825248West Coast Dental Services, Inc., Senior Secured First Lien Debt2025-12-310001825248Westwood Professional Services, Inc., Senior Secured First Lien Debt 12025-12-310001825248Westwood Professional Services, Inc., Senior Secured First Lien Debt 22025-12-310001825248Wharf Street Ratings Acquisition, LLC, Senior Secured First Lien Debt 12025-12-310001825248Wharf Street Ratings Acquisition, LLC, Senior Secured First Lien Debt 22025-12-310001825248WHCG Purchaser III, Inc., Senior Secured First Lien Debt2025-12-310001825248WIN Holdings III Corp., Senior Secured First Lien Debt2025-12-310001825248Wipfli Advisory, LLC, Senior Secured First Lien Debt 12025-12-310001825248Wipfli Advisory, LLC, Senior Secured First Lien Debt 22025-12-310001825248Zendesk, Inc., Senior Secured First Lien Debt 12025-12-310001825248Zendesk, Inc., Senior Secured First Lien Debt 22025-12-310001825248us-gaap:CommonStockMember2026-01-012026-03-310001825248us-gaap:CommonStockMember2025-01-012025-12-310001825248us-gaap:RedeemablePreferredStockMember2026-01-012026-03-310001825248us-gaap:RedeemablePreferredStockMember2025-01-012025-12-3100018252482025-01-012025-12-310001825248us-gaap:CommonStockMember2025-12-310001825248us-gaap:AdditionalPaidInCapitalMember2025-12-310001825248us-gaap:RetainedEarningsMember2025-12-310001825248us-gaap:RetainedEarningsMember2026-01-012026-03-310001825248us-gaap:CommonStockMember2026-01-012026-03-310001825248us-gaap:AdditionalPaidInCapitalMember2026-01-012026-03-310001825248us-gaap:CommonStockMember2026-03-310001825248us-gaap:AdditionalPaidInCapitalMember2026-03-310001825248us-gaap:RetainedEarningsMember2026-03-310001825248us-gaap:CommonStockMember2024-12-310001825248us-gaap:AdditionalPaidInCapitalMember2024-12-310001825248us-gaap:RetainedEarningsMember2024-12-310001825248us-gaap:RetainedEarningsMember2025-01-012025-03-310001825248us-gaap:CommonStockMember2025-01-012025-03-310001825248us-gaap:AdditionalPaidInCapitalMember2025-01-012025-03-310001825248us-gaap:CommonStockMember2025-03-310001825248us-gaap:AdditionalPaidInCapitalMember2025-03-310001825248us-gaap:RetainedEarningsMember2025-03-3100018252482021-08-2500018252482021-08-252021-08-2500018252482025-05-092025-05-090001825248fbcc:O2026Q1DividendsMember2026-01-012026-03-310001825248fbcc:O2025Q1DividendsMember2025-01-012025-03-310001825248fbcc:S2025Q1DividendsMember2025-01-012025-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 12026-01-012026-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 12025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 12026-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 22026-01-012026-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 22025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 22026-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 32026-01-012026-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 32025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 32026-03-310001825248BCPE Oceandrive Buyer, Inc., Equity/Other Investments2026-01-012026-03-310001825248BCPE Oceandrive Buyer, Inc., Equity/Other Investments2025-12-310001825248BCPE Oceandrive Buyer, Inc., Equity/Other Investments2026-03-310001825248FBLC Senior Loan Fund, LLC, Joint Venture2026-01-012026-03-310001825248FBLC Senior Loan Fund, LLC, Joint Venture2025-12-310001825248FBLC Senior Loan Fund, LLC, Joint Venture2026-03-310001825248Kahala Aviation, LLC, Subordinated Debt2026-01-012026-03-310001825248Kahala Aviation, LLC, Subordinated Debt2025-12-310001825248Kahala Aviation, LLC, Subordinated Debt2026-03-310001825248Kahala Aviation, LLC, Equity/Other Investments2026-01-012026-03-310001825248Kahala Aviation, LLC, Equity/Other Investments2025-12-310001825248Kahala Aviation, LLC, Equity/Other Investments2026-03-310001825248MGTF Radio Company, LLC, Senior Secured First Lien Debt2026-01-012026-03-310001825248MGTF Radio Company, LLC, Senior Secured First Lien Debt2025-12-310001825248MGTF Radio Company, LLC, Senior Secured First Lien Debt2026-03-310001825248Post Road Equipment Finance, LLC, Equity/Other Investments2026-01-012026-03-310001825248Post Road Equipment Finance, LLC, Equity/Other Investments2025-12-310001825248Post Road Equipment Finance, LLC, Equity/Other Investments2026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 12026-01-012026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 12026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 22026-01-012026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 22026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 32026-01-012026-03-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 32025-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 32026-03-310001825248Siena Capital Finance, LLC, Equity/Other Investments2026-01-012026-03-310001825248Siena Capital Finance, LLC, Equity/Other Investments2025-12-310001825248Siena Capital Finance, LLC, Equity/Other Investments2026-03-310001825248Siena Capital Finance, LLC, Subordinated Debt2026-01-012026-03-310001825248Siena Capital Finance, LLC, Subordinated Debt2025-12-310001825248Siena Capital Finance, LLC, Subordinated Debt2026-03-310001825248Cirque Du Soleil Holding USA Newco, Inc., Equity/Other Investments2026-01-012026-03-310001825248Cirque Du Soleil Holding USA Newco, Inc., Equity/Other Investments2025-12-310001825248Cirque Du Soleil Holding USA Newco, Inc., Equity/Other Investments2026-03-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 12026-01-012026-03-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 12025-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 12026-03-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 22026-01-012026-03-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 22025-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 22026-03-310001825248Coronis Health I, LLC, Senior Secured Second Lien Debt2026-01-012026-03-310001825248Coronis Health I, LLC, Senior Secured Second Lien Debt2025-12-310001825248Coronis Health I, LLC, Senior Secured Second Lien Debt2026-03-310001825248Coronis Health I, LLC, Equity/Other Investments2026-01-012026-03-310001825248Coronis Health I, LLC, Equity/Other Investments2025-12-310001825248Coronis Health I, LLC, Equity/Other Investments2026-03-310001825248CRS-SPV, Inc., Equity/Other Investments2026-01-012026-03-310001825248CRS-SPV, Inc., Equity/Other Investments2025-12-310001825248CRS-SPV, Inc., Equity/Other Investments2026-03-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt2026-01-012026-03-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt2026-03-310001825248Integrated Efficiency Solutions, Inc., Senior Secured Second Lien Debt2026-01-012026-03-310001825248Integrated Efficiency Solutions, Inc., Senior Secured Second Lien Debt2025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured Second Lien Debt2026-03-310001825248Integrated Efficiency Solutions, Inc., Equity/Other Investments2026-01-012026-03-310001825248Integrated Efficiency Solutions, Inc., Equity/Other Investments2025-12-310001825248Integrated Efficiency Solutions, Inc., Equity/Other Investments2026-03-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A FR, Collateralized Securities2026-01-012026-03-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A FR, Collateralized Securities2025-12-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A FR, Collateralized Securities2026-03-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A SUB, Collateralized Securities2026-01-012026-03-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A SUB, Collateralized Securities2025-12-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A SUB, Collateralized Securities2026-03-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA SUB, Collateralized Securities2026-01-012026-03-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA SUB, Collateralized Securities2025-12-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA SUB, Collateralized Securities2026-03-310001825248ORG GC Holdings, LLC, Senior Secured First Lien Debt2026-01-012026-03-310001825248ORG GC Holdings, LLC, Senior Secured First Lien Debt2025-12-310001825248ORG GC Holdings, LLC, Senior Secured First Lien Debt2026-03-310001825248ORG GC Holdings, LLC, Equity/Other Investments 12026-01-012026-03-310001825248ORG GC Holdings, LLC, Equity/Other Investments 12025-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 12026-03-310001825248ORG GC Holdings, LLC, Senior Secured Second Lien Debt2026-01-012026-03-310001825248ORG GC Holdings, LLC, Senior Secured Second Lien Debt2025-12-310001825248ORG GC Holdings, LLC, Senior Secured Second Lien Debt2026-03-310001825248ORG GC Holdings, LLC, Equity/Other Investments 22026-01-012026-03-310001825248ORG GC Holdings, LLC, Equity/Other Investments 22025-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 22026-03-310001825248PennantPark Credit Opportunities Fund II, LP, Equity/Other Investments2026-01-012026-03-310001825248PennantPark Credit Opportunities Fund II, LP, Equity/Other Investments2025-12-310001825248PennantPark Credit Opportunities Fund II, LP, Equity/Other Investments2026-03-310001825248Tennenbaum Waterman Fund, LP, Equity/Other Investments2026-01-012026-03-310001825248Tennenbaum Waterman Fund, LP, Equity/Other Investments2025-12-310001825248Tennenbaum Waterman Fund, LP, Equity/Other Investments2026-03-310001825248us-gaap:InvestmentAffiliatedIssuerMember2026-01-012026-03-310001825248us-gaap:InvestmentAffiliatedIssuerMember2025-12-310001825248us-gaap:InvestmentAffiliatedIssuerMember2026-03-310001825248fbcc:InvestmentAffiliatedIssuerNoLongerHeldMember2026-01-012026-03-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 12025-01-012025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 12024-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 22025-01-012025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 22024-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 32025-01-012025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt 32024-12-310001825248BCPE Oceandrive Buyer, Inc., Equity/Other Investments2025-01-012025-12-310001825248BCPE Oceandrive Buyer, Inc., Equity/Other Investments2024-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt2025-01-012025-12-310001825248BCPE Oceandrive Buyer, Inc., Senior Secured First Lien Debt2024-12-310001825248Danish CRJ, Ltd. (2) (4), Equity/Other Investments2025-01-012025-12-310001825248Danish CRJ, Ltd. (2) (4), Equity/Other Investments2024-12-310001825248Danish CRJ, Ltd. (2) (4), Equity/Other Investments2025-12-310001825248FBLC Senior Loan Fund, LLC, Joint Venture2025-01-012025-12-310001825248FBLC Senior Loan Fund, LLC, Joint Venture2024-12-310001825248Kahala Aviation, LLC, Subordinated Debt2025-01-012025-12-310001825248Kahala Aviation, LLC, Subordinated Debt2024-12-310001825248Kahala Aviation, LLC, Equity/Other Investments2025-01-012025-12-310001825248Kahala Aviation, LLC, Equity/Other Investments2024-12-310001825248Kahala Ireland Opco DAC, Subordinated Debt2025-01-012025-12-310001825248Kahala Ireland Opco DAC, Subordinated Debt2024-12-310001825248Kahala US OpCo, LLC, Equity/Other Investments2025-01-012025-12-310001825248Kahala US OpCo, LLC, Equity/Other Investments2024-12-310001825248Kahala US OpCo, LLC, Equity/Other Investments2025-12-310001825248MGTF Holdco, LLC, Equity/Other Investments2025-01-012025-12-310001825248MGTF Holdco, LLC, Equity/Other Investments2024-12-310001825248MGTF Holdco, LLC, Equity/Other Investments2025-12-310001825248MGTF Radio Company, LLC, Senior Secured First Lien Debt2025-01-012025-12-310001825248MGTF Radio Company, LLC, Senior Secured First Lien Debt2024-12-310001825248Post Road Equipment Finance, LLC, Equity/Other Investments2025-01-012025-12-310001825248Post Road Equipment Finance, LLC, Equity/Other Investments2024-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 12025-01-012025-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 12024-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 22025-01-012025-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 22024-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 32025-01-012025-12-310001825248Post Road Equipment Finance, LLC, Subordinated Debt 32024-12-310001825248Siena Capital Finance, LLC, Equity/Other Investments2025-01-012025-12-310001825248Siena Capital Finance, LLC, Equity/Other Investments2024-12-310001825248Siena Capital Finance, LLC, Subordinated Debt2025-01-012025-12-310001825248Siena Capital Finance, LLC, Subordinated Debt2024-12-310001825248WPNT, LLC, Equity/Other Investments2025-01-012025-12-310001825248WPNT, LLC, Equity/Other Investments2024-12-310001825248WPNT, LLC, Equity/Other Investments2025-12-310001825248us-gaap:InvestmentAffiliatedIssuerControlledMember2025-01-012025-12-310001825248us-gaap:InvestmentAffiliatedIssuerControlledMember2024-12-310001825248Cirque Du Soleil Holding USA Newco, Inc., Equity/Other Investments2025-01-012025-12-310001825248Cirque Du Soleil Holding USA Newco, Inc., Equity/Other Investments2024-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 12025-01-012025-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 12024-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 22025-01-012025-12-310001825248Coronis Health I, LLC, Senior Secured First Lien Debt 22024-12-310001825248Coronis Health I, LLC, Senior Secured Second Lien Debt2025-01-012025-12-310001825248Coronis Health I, LLC, Senior Secured Second Lien Debt2024-12-310001825248Coronis Health I, LLC, Equity/Other Investments2025-01-012025-12-310001825248Coronis Health I, LLC, Equity/Other Investments2024-12-310001825248CRS-SPV, Inc., Equity/Other Investments2025-01-012025-12-310001825248CRS-SPV, Inc., Equity/Other Investments2024-12-310001825248First Eagle Greenway Fund II, LLC, Equity/Other Investments2025-01-012025-12-310001825248First Eagle Greenway Fund II, LLC, Equity/Other Investments2024-12-310001825248First Eagle Greenway Fund II, LLC, Equity/Other Investments2025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 12025-01-012025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 12024-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 12025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured Second Lien Debt2025-01-012025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured Second Lien Debt2024-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 22025-01-012025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 22024-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 22025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 32025-01-012025-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 32024-12-310001825248Integrated Efficiency Solutions, Inc., Senior Secured First Lien Debt 32025-12-310001825248Integrated Efficiency Solutions, Inc, Equity/Other Investments 12025-01-012025-12-310001825248Integrated Efficiency Solutions, Inc, Equity/Other Investments 12024-12-310001825248Integrated Efficiency Solutions, Inc, Equity/Other Investments 12025-12-310001825248Integrated Efficiency Solutions, Inc., Equity/Other Investments 22025-01-012025-12-310001825248Integrated Efficiency Solutions, Inc., Equity/Other Investments 22024-12-310001825248Integrated Efficiency Solutions, Inc., Equity/Other Investments 22025-12-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A FR, Collateralized Securities2025-01-012025-12-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A FR, Collateralized Securities2024-12-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A SUB, Collateralized Securities2025-01-012025-12-310001825248NewStar Arlington Senior Loan Program, LLC 14-1A SUB, Collateralized Securities2024-12-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA F, Collateralized Securities2025-01-012025-12-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA F, Collateralized Securities2024-12-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA F, Collateralized Securities2025-12-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA SUB, Collateralized Securities2025-01-012025-12-310001825248Newstar Fairfield Fund CLO, Ltd. 2015-1RA SUB, Collateralized Securities2024-12-310001825248ORG GC Holdings, LLC, Senior Secured First Lien Debt2025-01-012025-12-310001825248ORG GC Holdings, LLC, Senior Secured First Lien Debt2024-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 12025-01-012025-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 12024-12-310001825248ORG GC Holdings, LLC, Senior Secured Second Lien Debt2025-01-012025-12-310001825248ORG GC Holdings, LLC, Senior Secured Second Lien Debt2024-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 22025-01-012025-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 22024-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 32025-01-012025-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 32024-12-310001825248ORG GC Holdings, LLC, Equity/Other Investments 32025-12-310001825248PennantPark Credit Opportunities Fund II, LP, Equity/Other Investments2025-01-012025-12-310001825248PennantPark Credit Opportunities Fund II, LP, Equity/Other Investments2024-12-310001825248Tennenbaum Waterman Fund, LP, Equity/Other Investments2025-01-012025-12-310001825248Tennenbaum Waterman Fund, LP, Equity/Other Investments2024-12-310001825248us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2025-01-012025-12-310001825248us-gaap:InvestmentAffiliatedIssuerNoncontrolledMember2024-12-310001825248us-gaap:InvestmentAffiliatedIssuerMember2025-01-012025-12-310001825248us-gaap:InvestmentAffiliatedIssuerMember2024-12-310001825248fbcc:InvestmentAffiliatedIssuerNoLongerHeldMember2025-01-012025-12-310001825248fbcc:FBLCMergerMember2024-01-240001825248fbcc:FBLCMergerMember2024-01-242024-01-240001825248fbcc:O2026Q2DividendsMemberus-gaap:SubsequentEventMember2026-05-112026-05-110001825248us-gaap:SubsequentEventMember2026-05-112026-05-1100018252482026-03-0500018252482026-03-052026-03-050001825248us-gaap:SubsequentEventMember2026-05-082026-05-080001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2026-04-090001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2026-04-100001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2026-04-092026-04-090001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberus-gaap:LineOfCreditMemberus-gaap:SubsequentEventMember2026-04-102026-04-100001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberfbcc:DebtInstrumentNonUsageFeePeriodOneMemberus-gaap:SubsequentEventMemberus-gaap:LineOfCreditMember2026-04-102026-04-100001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberfbcc:DebtInstrumentNonUsageFeePeriodTwoMemberus-gaap:SubsequentEventMemberus-gaap:LineOfCreditMember2026-04-102026-04-100001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberfbcc:DebtInstrumentNonUsageFeePeriodThreeMemberus-gaap:SubsequentEventMembersrt:MinimumMemberus-gaap:LineOfCreditMember2026-04-102026-04-100001825248us-gaap:RevolvingCreditFacilityMemberfbcc:WellsFargoCreditFacilityMemberfbcc:DebtInstrumentNonUsageFeePeriodThreeMemberus-gaap:SubsequentEventMembersrt:MaximumMemberus-gaap:LineOfCreditMember2026-04-102026-04-10\n\nUNITED STATES\n\nSECURITIES AND EXCHANGE COMMISSION\n\nWashington, D.C. 20549\n\nFORM 10-Q\n\n(Mark One)\n\nxQUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the quarterly period ended March 31, 2026\n\nOR\n\n¨\nTRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934\n\nFor the transition period from __ to __\n\nCommission file number: 814-01360\n\nFRANKLIN BSP CAPITAL CORPORATION\n\n(Exact Name of Registrant as Specified in its Charter)\n\nDelaware85-2950084\n\n(State or Other Jurisdiction of\nIncorporation or Organization)(I.R.S. Employer\nIdentification No.)\n\nOne Madison Avenue, Suite 1600 New York, New York\n10010\n\n(Address of Principal Executive Offices)(Zip Code)\n\n(212) 588-6770\n\n(Registrant’s Telephone Number, Including Area Code)\n\nSecurities registered pursuant to Section 12(b) of the Act:\n\nTitle of Each ClassTrading Symbol(s)Name of Each Exchange on Which Registered\n\nNoneN/AN/A\n\nIndicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or Section 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes x No ¨\n\nIndicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes x No ¨\n\nIndicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.\n\nLarge accelerated filer¨Accelerated filer¨\n\nNon-accelerated filerxSmaller reporting company¨\n\nEmerging growth companyx\n\nIf an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. x\n\nIndicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).\n\nYes ¨ No x\n\nThe number of shares of the registrant’s Common Stock, $0.001 par value, outstanding as of May 5, 2026 was 135,981,787.\n\nFRANKLIN BSP CAPITAL CORPORATION\n\nFORM 10-Q FOR THE THREE MONTHS ENDED MARCH 31, 2026\n\nTABLE OF CONTENTS\n\nPage\n\nPART I - FINANCIAL INFORMATION\n\n[Item 1. Consolidated Financial Statements](#i35c9ac856b814d6eb49eced8b7f53b06_139)\n\n[1](#i35c9ac856b814d6eb49eced8b7f53b06_139)\n\n[Consolidated Statements of Assets and Liabilities as of](#i35c9ac856b814d6eb49eced8b7f53b06_142)[March](#i35c9ac856b814d6eb49eced8b7f53b06_142)[3](#i35c9ac856b814d6eb49eced8b7f53b06_142)[1](#i35c9ac856b814d6eb49eced8b7f53b06_142)[, 202](#i35c9ac856b814d6eb49eced8b7f53b06_142)[6](#i35c9ac856b814d6eb49eced8b7f53b06_142)[(Unaudited) and December 31, 202](#i35c9ac856b814d6eb49eced8b7f53b06_142)[5](#i35c9ac856b814d6eb49eced8b7f53b06_142)\n\n[1](#i35c9ac856b814d6eb49eced8b7f53b06_142)\n\n[Consolidated Statements of Operations for the Three](#i35c9ac856b814d6eb49eced8b7f53b06_145)[Months Ended](#i35c9ac856b814d6eb49eced8b7f53b06_145)[March](#i35c9ac856b814d6eb49eced8b7f53b06_145)[3](#i35c9ac856b814d6eb49eced8b7f53b06_145)[1](#i35c9ac856b814d6eb49eced8b7f53b06_145)[, 202](#i35c9ac856b814d6eb49eced8b7f53b06_145)[6](#i35c9ac856b814d6eb49eced8b7f53b06_145)[and 202](#i35c9ac856b814d6eb49eced8b7f53b06_145)[5](#i35c9ac856b814d6eb49eced8b7f53b06_145)[(Unaudited)](#i35c9ac856b814d6eb49eced8b7f53b06_145)\n\n[2](#i35c9ac856b814d6eb49eced8b7f53b06_145)\n\n[Consolidated Statements of Changes in Net Assets for the Three](#i35c9ac856b814d6eb49eced8b7f53b06_148)[Months Ended](#i35c9ac856b814d6eb49eced8b7f53b06_148)[March](#i35c9ac856b814d6eb49eced8b7f53b06_148)[3](#i35c9ac856b814d6eb49eced8b7f53b06_148)[1](#i35c9ac856b814d6eb49eced8b7f53b06_148)[, 202](#i35c9ac856b814d6eb49eced8b7f53b06_148)[6](#i35c9ac856b814d6eb49eced8b7f53b06_148)[and 202](#i35c9ac856b814d6eb49eced8b7f53b06_148)[5](#i35c9ac856b814d6eb49eced8b7f53b06_148)[(Unaudited)](#i35c9ac856b814d6eb49eced8b7f53b06_148)\n\n[4](#i35c9ac856b814d6eb49eced8b7f53b06_148)\n\n[Consolidated Statements of Cash Flows for the](#i35c9ac856b814d6eb49eced8b7f53b06_151)[Three](#i35c9ac856b814d6eb49eced8b7f53b06_151)[Months Ended](#i35c9ac856b814d6eb49eced8b7f53b06_151)[March](#i35c9ac856b814d6eb49eced8b7f53b06_151)[3](#i35c9ac856b814d6eb49eced8b7f53b06_151)[1](#i35c9ac856b814d6eb49eced8b7f53b06_151)[, 202](#i35c9ac856b814d6eb49eced8b7f53b06_151)[6](#i35c9ac856b814d6eb49eced8b7f53b06_151)[and 202](#i35c9ac856b814d6eb49eced8b7f53b06_151)[5](#i35c9ac856b814d6eb49eced8b7f53b06_151)[(Unaudited)](#i35c9ac856b814d6eb49eced8b7f53b06_151)\n\n[5](#i35c9ac856b814d6eb49eced8b7f53b06_151)\n\n[Consolidated Schedules of Investments as of](#i35c9ac856b814d6eb49eced8b7f53b06_154)[March](#i35c9ac856b814d6eb49eced8b7f53b06_154)[3](#i35c9ac856b814d6eb49eced8b7f53b06_154)[1](#i35c9ac856b814d6eb49eced8b7f53b06_154)[, 202](#i35c9ac856b814d6eb49eced8b7f53b06_154)[6](#i35c9ac856b814d6eb49eced8b7f53b06_154)[(Unaudited) and December 31, 202](#i35c9ac856b814d6eb49eced8b7f53b06_154)[5](#i35c9ac856b814d6eb49eced8b7f53b06_154)\n\n[7](#i35c9ac856b814d6eb49eced8b7f53b06_154)\n\n[Notes to Consolidated Financial Statements (Unaudited)](#i35c9ac856b814d6eb49eced8b7f53b06_160)\n\n[39](#i35c9ac856b814d6eb49eced8b7f53b06_160)\n\n[Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations](#i35c9ac856b814d6eb49eced8b7f53b06_49)\n\n[102](#i35c9ac856b814d6eb49eced8b7f53b06_49)\n\n[Item 3. Quantitative and Qualitative Disclosures About Market Risk](#i35c9ac856b814d6eb49eced8b7f53b06_82)\n\n[126](#i35c9ac856b814d6eb49eced8b7f53b06_82)\n\n[Item 4. Controls and Procedures](#i35c9ac856b814d6eb49eced8b7f53b06_91)\n\n[127](#i35c9ac856b814d6eb49eced8b7f53b06_91)\n\nPART II - OTHER INFORMATION\n\n[Item 1. Legal Proceedings](#i35c9ac856b814d6eb49eced8b7f53b06_31)\n\n[128](#i35c9ac856b814d6eb49eced8b7f53b06_31)\n\n[Item 1A. Risk Factors](#i35c9ac856b814d6eb49eced8b7f53b06_232)\n\n[128](#i35c9ac856b814d6eb49eced8b7f53b06_232)\n\n[Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](#i35c9ac856b814d6eb49eced8b7f53b06_235)\n\n[128](#i35c9ac856b814d6eb49eced8b7f53b06_235)\n\n[Item 3. Defaults Upon Senior Securities](#i35c9ac856b814d6eb49eced8b7f53b06_238)\n\n[128](#i35c9ac856b814d6eb49eced8b7f53b06_238)\n\n[Item 4. Mine Safety Disclosures](#i35c9ac856b814d6eb49eced8b7f53b06_34)\n\n[128](#i35c9ac856b814d6eb49eced8b7f53b06_34)\n\n[Item 5. Other Information](#i35c9ac856b814d6eb49eced8b7f53b06_94)\n\n[128](#i35c9ac856b814d6eb49eced8b7f53b06_94)\n\n[Item 6. Exhibits](#i35c9ac856b814d6eb49eced8b7f53b06_241)\n\n[129](#i35c9ac856b814d6eb49eced8b7f53b06_241)\n\n[Signatures](#i35c9ac856b814d6eb49eced8b7f53b06_244)\n\n[130](#i35c9ac856b814d6eb49eced8b7f53b06_244)\n\nPART I. FINANCIAL INFORMATION"}