Material Event Form 8 K

On September 20, 2024, Blair Funding LLC ("Blair Funding"), a wholly-owned subsidiary of FS Credit Opportunities Corp. (the "Company"), entered into Amendment No. 2 to Credit and Security Agreement (the "Second Amendment"), which amends the previously disclosed Credit and Security Agreement, dated as of December 16, 2020, by and among Blair Funding, as borrower, Barclays Bank PLC, as administrative agent, Wells Fargo Bank, National Association, as collateral agent, collateral administrator and securities administrator, and the lenders party thereto.

The Second Amendment, among other things, (i) extends the stated maturity date of the facility to December 15, 2026 (from December 15, 2024), (ii) reduces the margin applicable to advances on the facility to (i) to the extent the Company is rated "A3" or higher by Moody's Investors Services, Inc., 2.15% per annum (from 2.65% per annum), or (ii) otherwise, 3.05% per annum (from 3.55% per annum), (iii) reduces the unused fee applicable to unused commitments under the facility to 0.35% per annum (from 0.55% per annum), and (iv) extends the period in which the spread make-whole fee will be payable on certain reductions or terminations of the commitments to September 20, 2025 (from December 16, 2022).