FS Credit Opportunities Corp. has entered into an equity total return swap agreement with Nomura Global Financial Products Inc., allowing the company to gain economic exposure to up to $50 million worth of common shares of FS Specialty Lending Fund. The three-year agreement enables FS Credit Opportunities Corp. to receive cash dividends related to the shares while making monthly payments to Nomura based on a floating rate tied to the notional amount. The arrangement includes provisions for early termination and requires the company to post collateral equal to 70% of the value of the shares under the swap.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FS Credit Opportunities Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-111268), on November 13, 2025, and is solely responsible for the information contained therein.
Comments