UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
As previously announced in May 2023, the board of trustees, or the Board, of FS Specialty Lending Fund (formerly FS Energy and Power Fund), or the Company, approved changing the Company’s name to FS Specialty Lending Fund and changing the Company’s non-fundamental investment policy to be to invest primarily in a portfolio of secured and unsecured floating and fixed rate loans, bonds and other types of credit instruments, which, under normal circumstances, will represent at least 80% of the Company’s total assets, rather than to invest at least 80% of its total assets in securities of energy and power related companies. The Company’s Board also approved changing the Company’s investment objective from generating current income and long-term capital appreciation to generating current income and, to a lesser extent, long-term capital appreciation. Each of these changes was effective as of September 29, 2023.
On September 29, 2023, Eric Long notified the Board that he is resigning as President of the Company, effective as of September 29, 2023. Mr. Long’s resignation is in connection with the change to the Company’s investment policy, as described above, and was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
| Item 5.03. | Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. |
On September 29, 2023, the Company’s Third Amended and Restated Declaration of Trust was amended in order to reflect the change of the Company’s name from “FS Energy and Power Fund” to “FS Specialty Lending Fund” and to replace the Company’s prior investment objectives with the Company’s new investment objectives of generating current income and, to a lesser extent, long-term capital appreciation.
On September 29, 2023, the Company’s Second Amended and Restated Bylaws were amended and restated to reflect the new name of the Company.
| Item 9.01. | Exhibits. |
| (d) | Exhibits. |
|
Exhibits No. |
Description |
| 3.1 | Amendment No. 2 to the Third Amended and Restated Declaration of Trust of the Company |
| 3.2 | Third Amended and Restated Bylaws of the Company |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| FS Specialty Lending Fund | ||
| Date: October 3, 2023 | By: |
/s/ Stephen Sypherd |
| Stephen Sypherd | ||
| General Counsel | ||