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Franklin BSP Capital Corporation Prices Offering of $300 Million 6.000% Notes Due 2030
NEW YORK, September 25, 2025--Franklin BSP Capital Corporation ("FBCC" or the "Company") announced today that it has priced an offering of $300 million in aggregate principal amount of 6.000% notes due 2030 (the "Notes"). The Notes will mature on October 2, 2030, and may be redeemed in whole or in part at FBCC’s option at any time at par plus a "make-whole" premium, if applicable. The offering is subject to customary closing conditions and is expected to close on or about October 2, 2025.
About this update from Franklin Bsp Capital Corp
[{"type":"text","content":"NEW YORK, September 25, 2025--(BUSINESS WIRE)--Franklin BSP Capital Corporation ("FBCC" or the "Company") announced today that it has priced an offering of $300 million in aggregate principal amount of 6.000% notes due 2030 (the "Notes"). The Notes will mature on October 2, 2030, and may be redeemed in whole or in part at FBCC’s option at any time at par plus a "make-whole" premium, if applicable. The offering is subject to customary closing conditions and is expected to close on or about October 2, 2025.","length":550,"tagName":"p"},{"type":"text","content":"FBCC expects to use the net proceeds of the offering for general corporate purposes, including the repayment of indebtedness (which may include certain of the Company’s credit facilities) and making investments in portfolio companies in accordance with its investment objectives.","length":279,"tagName":"p"},{"type":"text","content":"Investors are advised to carefully consider the investment objectives, risks, charges and expenses of the Company before investing.","length":131,"tagName":"p"},{"type":"text","content":"The Notes offered have not been registered under the Securities Act of 1933, as amended (the "Securities Act"), or any state securities laws. The Notes may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes were offered, by the initial purchasers, only to persons reasonably believed to be "qualified institutional buyers" in reliance on the exemption from registration provided by Rule 144A under the Securities Act and to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.","length":714,"tagName":"p"},{"type":"text","content":"This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act, and it is neither an offer to sell nor a solicitation of an offer to buy any securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.","length":402,"tagName":"p"},{"type":"text","content":"About Franklin...