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Recent press releases and 8-K filings for FRBP.
Franklin BSP Capital Corp Issues $300 Million in 6.000% Notes Due 2030
FRBP
Debt Issuance
- Franklin BSP Capital Corporation (FRBP) issued $300,000,000 aggregate principal amount of 6.000% Notes due 2030 on October 2, 2025, through a Fourth Supplemental Indenture.
- The notes will mature on October 2, 2030, and bear interest at a rate of 6.000% per year, payable semi-annually on April 2 and October 2, commencing April 2, 2026.
- These notes are general unsecured obligations of the Company, ranking pari passu with all existing and future unsecured unsubordinated indebtedness.
- The Company has the option to redeem the notes, in whole or in part, at any time, with a Par Call Date of September 2, 2030, after which redemption can occur at 100% of the principal amount plus accrued interest.
- Covenants include compliance with the asset coverage requirements of the Investment Company Act and a provision for additional interest if certain registration defaults occur.
Oct 3, 2025, 8:29 PM
Franklin BSP Capital Corporation Announces $300 Million Notes Offering
FRBP
Debt Issuance
- Franklin BSP Capital Corporation entered into a purchase agreement for the issuance and sale of $300,000,000 aggregate principal amount of 6.000% Notes due 2030.
- The Notes will be issued at 98.844% of their par value, with a yield to maturity of 6.273%, and interest will be payable semi-annually on April 2 and October 2, commencing April 2, 2026.
- The offering is expected to close on October 2, 2025, and the net proceeds are intended for general corporate purposes, including the repayment of indebtedness and making investments.
- The Notes have expected ratings of Baa3 (stable) from Moody's and BBB- (stable) from Fitch.
Sep 29, 2025, 9:00 PM
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