# EDGAR Filing Document

**Accession Number:** 0000901849
**File Stem:** 0001493152-25-021295
**Filing Date:** 2025-11
**Character Count:** 14990
**Document Hash:** fe02883b6e097d9adb30d787c34d1b46
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-25-021295.hdr.sgml**: 20251107

**ACCESSION NUMBER**: 0001493152-25-021295

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13G/A

**PUBLIC DOCUMENT COUNT**: 4

**FILED AS OF DATE**: 20251107

**DATE AS OF CHANGE**: 20251107

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FS Credit Opportunities Corp.
- **CENTRAL INDEX KEY:** 0001568194

**ORGANIZATION NAME:**
- **EIN:** 461882356
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-90772
- **FILM NUMBER:** 251463297

**BUSINESS ADDRESS:**
- **STREET 1:** 201 ROUSE BOULEVARD
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19112
- **BUSINESS PHONE:** 215-495-1150

**MAIL ADDRESS:**
- **STREET 1:** 201 ROUSE BOULEVARD
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19112

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FS Global Credit Opportunities Fund
- **DATE OF NAME CHANGE:** 20130130
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** GUARDIAN LIFE INSURANCE CO OF AMERICA
- **CENTRAL INDEX KEY:** 0000901849

**ORGANIZATION NAME:**
- **EIN:** 061116976
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** 10 HUDSON YARDS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 212.919.8734

**MAIL ADDRESS:**
- **STREET 1:** 10 HUDSON YARDS
- **CITY:** NY
- **STATE:** NY
- **ZIP:** 10001

## Exhibit 24.1

**Exhibit 24.1**

**POWER OF ATTORNEY**

The undersigned, BlackRock Portfolio Management LLC, a limited liability company duly organized under the laws of the State of Delaware, United States (the "Company"), does hereby make, constitute and appoint each of Eric Andruczyk, Julie Ashworth, Richard Cundiff, R. Andrew Dickson, III, Spencer Fleming, Laura Hildner, David Maryles, Christopher Meade, Charles Park, James Raby, Daniel Riemer, David Rothenberg, Brenda Schulz and Joseph Virgilio, acting severally, as its true and lawful attorneys-in-fact, for the purpose of, from time to time, executing, in its name and on its behalf and on behalf of its direct and indirect subsidiaries and affiliates, any and all documents, certificates, instruments, statements, filings, agreements and amendments (collectively, "documents") determined by such person to be necessary or appropriate to comply with ownership or control-person reporting requirements imposed by any United States or non-United States governmental or regulatory authority, including, without limitation, Schedules 13D and 13G and Forms 3, 4, 5, 13F, 13H, SHO and N-PX and any amendments to any of the foregoing as may be required to be filed with the Securities and Exchange Commission, and delivering, furnishing or filing any such documents with the appropriate governmental or regulatory authority or other person, and giving and granting to each such attorney-in-fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully and to all intents and purposes as the Company and/or its direct and indirect subsidiaries, as applicable, might or could do if personally present by one of its authorized signatories, hereby ratifying and confirming all that said attorney-in-fact shall lawfully do or cause to be done by virtue hereof. Any such determination by an attorney-in-fact named herein shall be conclusively evidenced by such person's execution, delivery, furnishing or filing of the applicable document.

This power of attorney shall expressly revoke the power of attorney dated 28<sup>th</sup> day of January, 2025 in respect of the subject matter hereof, shall be valid from the date hereof and shall remain in full force and effect until either revoked in writing by the Company, or, in respect of any attorney-in-fact named herein, until such person ceases to be an employee of the Company or one of its affiliates.

IN WITNESS WHEREOF, the undersigned has caused this power of attorney to be executed as of this 1st day of July, 2025.

---

| | |
|:---|:---|
| **BLACKROCK PORTFOLIO MANAGEMENT LLC** | **BLACKROCK PORTFOLIO MANAGEMENT LLC** |
| By: | BlackRock Finance, Inc., its sole member |
| By: | */s/ R. Andrew Dickson, III* |
| Name: | R. Andrew Dickson, III |
| Title: | Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

**JOINT FILING AGREEMENT**

In accordance with Rule 13d-1(k)(1) promulgated under the Securities Exchange Act of 1934, as amended, the undersigned hereby agree that they are jointly filing this statement on Schedule 13G. Each of them is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

IN WITNESS WHEREOF, the undersigned hereby execute this Joint Filing Agreement as of November 7, 2025.

---

| | |
|:---|:---|
| **BlackRock Portfolio Management LLC** | **BlackRock Portfolio Management LLC** |
| By: | */s/ Joseph Virgilio* |
| Name: | Joseph Virgilio |
| Title: | Attorney-in-fact |
| **The Guardian Life Insurance Company of America** | **The Guardian Life Insurance Company of America** |
| By: | */s/ Joseph Virgilio* |
| Name: | Joseph Virgilio |
| Title: | Attorney-in-fact |

---

## Exhibit 99.2

**Exhibit 99.2**

**Item 7**

BlackRock Financial Management, Inc.

HPS Investment Partners, LLC\*

\*Entity beneficially owns 5% or greater of the outstanding shares of the security class being reported on this Schedule 13G.

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13G

### Under the Securities Exchange Act of 1934

**(Amendment No. 3)**

**Issuer:** FS Credit Opportunities Corp.

**Title of Class of Securities:** Term Preferred Shares, no par value

**CUSIP Number:** 30290YAE1

**Date of Event Which Requires Filing of this Statement:** 10/31/2025

**Check the appropriate box to designate the rule pursuant to which this Schedule is filed:**

- [x] Rule 13d-1(b)

- [ ] Rule 13d-1(c)

- [ ] Rule 13d-1(d)

---

| 1. | Names of Reporting Persons<br>BlackRock Portfolio Management LLC | Names of Reporting Persons<br>BlackRock Portfolio Management LLC |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>DE | Citizenship or Place of Organization<br>DE |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>85000.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>85000.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>85000.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>85000.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>21.3% | Percent of Class Represented by Amount in Row (9)<br>21.3% |
| 12. | Type of Reporting Person (See Instructions)<br>HC | Type of Reporting Person (See Instructions)<br>HC |

---

| 1. | Names of Reporting Persons<br>The Guardian Life Insurance Company of America | Names of Reporting Persons<br>The Guardian Life Insurance Company of America |
|:---|:---|:---|:---|
| 2. | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] | Check the Appropriate Box if a Member of a Group (See Instructions)<br>(a) [ ] (b) [x] |
| 3. | SEC Use Only | SEC Use Only |
| 4. | Citizenship or Place of Organization<br>NY | Citizenship or Place of Organization<br>NY |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 5. | Sole Voting Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 6. | Shared Voting Power<br>82500.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 7. | Sole Dispositive Power<br>0.00 |
| Number of<br>Shares<br>Beneficially<br>Owned by<br>Each<br>Reporting<br>Person<br>With | 8. | Shared Dispositive Power<br>82500.00 |
| 9. | Aggregate Amount Beneficially Owned by Each Reporting Person<br>82500.00 | Aggregate Amount Beneficially Owned by Each Reporting Person<br>82500.00 |
| 10. | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] | Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) [ ] |
| 11. | Percent of Class Represented by Amount in Row (9)<br>20.6% | Percent of Class Represented by Amount in Row (9)<br>20.6% |
| 12. | Type of Reporting Person (See Instructions)<br>IC | Type of Reporting Person (See Instructions)<br>IC |

---

**Item 1(a). Name of Issuer:**
FS Credit Opportunities Corp.

**Item 1(b). Address of Issuer's Principal Executive Offices:**
201 Rouse Boulevard, Philadelphia, PA 19112

**Item 2(a). Name of Person Filing:**
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons."  This statement is filed on behalf of:

          BlackRock Portfolio Management LLC ("BPM")
          The Guardian Life Insurance Company of America ("Guardian")

 In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the "Reporting Business Units") of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release.

**Item 2(b). Address of Principal Business Office:**
The business address of BPM is 50 Hudson Yards, New York, NY 10001. The business address of Guardian is 10 Hudson Yards, New York, NY 10001.

**Item 2(c). Citizenship:**
BPM is organized under the laws of the state of Delaware and Guardian is organized under the laws of the state of New York.

**Item 2(d). Title of Class of Securities:**
Term Preferred Shares, no par value

**Item 2(e). CUSIP Number:**
30290YAE1

**Item 3. If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:**

(a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d) [x] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e) [ ] An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f) [ ] An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g) [x] A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h) [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j) [ ] A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), if filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

(k) [ ] Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

**Item 4. Ownership:**

**(a) Amount beneficially owned:**

Guardian is the record holder of 82,500 shares. BPM may be deemed to share beneficial ownership of these securities and an additional 2,500 shares.

**(b) Percent of class:**

21.3%

**(c) Number of shares as to which the person has:**

**(i) Sole power to vote or to direct the vote:**

0

**(ii) Shared power to vote or to direct the vote:**

85,000

**(iii) Sole power to dispose or to direct the disposition of:**

0

**(iv) Shared power to dispose or to direct the disposition of:**

85,000

**Item 5. Ownership of Five Percent or Less of a Class.**

[x] If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.

**Item 6. Ownership of More than 5 Percent on Behalf of Another Person.**

Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the shares of FS Credit Opportunities Corp. No one person's interest in the shares of FS Credit Opportunities Corp. is more than five percent of the total outstanding shares.

**Item 7. Identification and Classification of the Subsidiary**

See Exhibit 99.2

**Item 8. Identification and Classification of Members of the Group**

Not Applicable

**Item 9. Notice of Dissolution of Group**

Not Applicable

**Item 10. Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**BlackRock Portfolio Management LLC**

**Date:** 11/07/2025

**By:** /s/ Joseph Virgilio

**Name & Title:** Joseph Virgilio, Attorney-in-fact

**The Guardian Life Insurance Company of America**

**Date:** 11/07/2025

**By:** /s/ Joseph Virgilio

**Name & Title:** Joseph Virgilio, Attorney-in-fact