Franklin BSP Capital Corp Files 8-K

TL;DR

Franklin BSP Capital Corp filed an 8-K on 10/25 for an event on 10/22. Details TBD.

AI Summary

Franklin BSP Capital Corp. filed an 8-K on October 25, 2024, reporting an event on October 22, 2024. The filing is categorized under 'Other Events' and does not provide specific details about the nature of the event in the provided text. The company is incorporated in Delaware and its principal executive offices are located in New York.

Why It Matters

This filing indicates a material event has occurred for Franklin BSP Capital Corp, requiring disclosure to the SEC. Investors should look for further details to understand the event's impact.

Risk Assessment

Risk Level: low — The filing itself is a routine disclosure and does not contain information that inherently poses a risk.

Key Numbers

• 814-01360 — Commission File Number (Identifies the company's SEC filing history)
• 85-2950084 — I.R.S. Employer Identification No. (Tax identification number for the company)

Key Players & Entities

• Franklin BSP Capital Corp (company) — Registrant
• October 22, 2024 (date) — Earliest event reported
• October 25, 2024 (date) — Filing date
• Delaware (jurisdiction) — State of Incorporation
• New York (location) — Principal Executive Offices City

FAQ

Key Financial Figures

• $100 million — y") priced an offering of an additional $100 million aggregate principal amount of its 7.200
• $300 million — ture"), governing the previously issued $300 million aggregate principal amount of 7.200% no

Filing Documents

• ea0218455-8k_franklin.htm (8-K) — 24KB
• 0001213900-24-090777.txt ( ) — 191KB
• bdvc-20241022.xsd (EX-101.SCH) — 3KB
• bdvc-20241022_lab.xml (EX-101.LAB) — 33KB
• bdvc-20241022_pre.xml (EX-101.PRE) — 22KB
• ea0218455-8k_franklin_htm.xml (XML) — 3KB

01. Other Events

Item 8.01. Other Events. On October 22, 2024, Franklin BSP Capital Corporation (the "Company") priced an offering of an additional $100 million aggregate principal amount of its 7.200% notes due 2029 (the "New Notes") in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain non-U.S. persons outside the United States pursuant to Regulation S under the Securities Act. The New Notes will mature on June 15, 2029, and may be redeemed in whole or in part at the Company's option at any time or from time to time at the redemption prices set forth in the Indenture (defined below). The offering is expected to close on October 29, 2024, subject to customary closing conditions. The New Notes will constitute "Additional Notes" under the Third Supplemental Indenture, dated May 6, 2024, which supplements that certain Indenture, dated as of March 29, 2021 (as amended, supplemented or otherwise modified from time to time, the "Indenture"), governing the previously issued $300 million aggregate principal amount of 7.200% notes due 2029 (together with the New Notes, the "Notes"). The Company expects to use the net proceeds of the offering for general corporate purposes, including the repayment of indebtedness (which may include the Company's credit facilities). This announcement does not constitute an offer to sell or a solicitation of an offer to buy any of the Notes, nor shall there be any offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful. The Notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from such registration requirements. 1

SIGNATURES

SIGNATURES 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. FRANKLIN BSP CAPITAL CORPORATION (Registrant) Date: October 25, 2024 By: /s/ Nina K. Baryski Name: Nina K. Baryski Title: Chief Financial Officer and Treasurer

View Full Filing

View this 8-K filing on SEC EDGAR