Franklin BSP Capital Corp. Files Current Report (8-K)
Ticker: FRBP · Form: 8-K · Filed: Sep 29, 2025 · CIK: 1825248
| Field | Detail |
|---|---|
| Company | Franklin Bsp Capital Corp (FRBP) |
| Form Type | 8-K |
| Filed Date | Sep 29, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $300 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, 8-k, corporate-filing
TL;DR
Franklin BSP Capital Corp. filed an 8-K on 9/25/25 for a material definitive agreement.
AI Summary
Franklin BSP Capital Corp. entered into a material definitive agreement on September 25, 2025. The company, formerly known as Franklin BSP Capital L.L.C. until September 17, 2020, is incorporated in Delaware and headquartered in New York. This filing is a current report under the Securities Exchange Act of 1934.
Why It Matters
This filing indicates a significant event or agreement for Franklin BSP Capital Corp., requiring disclosure to investors and the public.
Risk Assessment
Risk Level: low — The filing is a standard disclosure of a material definitive agreement, not indicating immediate financial distress or significant operational changes.
Key Players & Entities
- Franklin BSP Capital Corp. (company) — Registrant
- Franklin BSP Capital L.L.C. (company) — Former Company Name
- September 25, 2025 (date) — Date of earliest event reported
- September 17, 2020 (date) — Date of name change
- Delaware (jurisdiction) — State of Incorporation
- New York (location) — Principal Executive Offices City
- 10010 (zip_code) — Principal Executive Offices Zip Code
- (212) 588-6770 (phone_number) — Registrant's telephone number
FAQ
What is the specific nature of the material definitive agreement filed on September 25, 2025?
The filing states that an 'Entry into a Material Definitive Agreement' is an item of information, but the specific details of the agreement are not provided in the provided text.
When was Franklin BSP Capital Corp. formerly known as Franklin BSP Capital L.L.C.?
The company was formerly known as Franklin BSP Capital L.L.C. until September 17, 2020.
In which state is Franklin BSP Capital Corp. incorporated?
Franklin BSP Capital Corp. is incorporated in Delaware.
What is the principal executive office address of Franklin BSP Capital Corp.?
The principal executive office is located at One Madison Avenue, Suite 1600, New York, New York, 10010.
What is the filing date and the earliest event date reported in this 8-K?
The filing date is September 29, 2025, and the date of the earliest event reported is September 25, 2025.
Filing Stats: 853 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2025-09-29 17:00:51
Key Financial Figures
- $300 million — onnection with the issuance and sale of $300 million aggregate principal amount of the Compa
Filing Documents
- ea0258683-8k_franklin.htm (8-K) — 29KB
- ea025868301ex10-1_franklin.htm (EX-10.1) — 352KB
- 0001213900-25-093170.txt ( ) — 615KB
- frbp-20250925.xsd (EX-101.SCH) — 3KB
- frbp-20250925_lab.xml (EX-101.LAB) — 33KB
- frbp-20250925_pre.xml (EX-101.PRE) — 22KB
- ea0258683-8k_franklin_htm.xml (XML) — 3KB
01 – Entry into a Material Definitive
Item 1.01 – Entry into a Material Definitive Agreement. On September 25, 2025, Franklin BSP Capital Corporation (the "Company") entered into a purchase agreement (the "Purchase Agreement") by and among the Company, Franklin BSP Capital Adviser L.L.C. (the "Adviser"), Benefit Street Partners L.L.C. and J.P. Morgan Securities LLC, BofA Securities, Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC, as representatives of the several initial purchasers named in Schedule A thereto (the "Initial Purchasers"), in connection with the issuance and sale of $300 million aggregate principal amount of the Company's 6.000% Notes due 2030 (the "Notes") in a private offering to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act. The Notes will be issued at 98.844% of their par value with a coupon at 6.000%. Interest on the Notes will be payable semi-annually on April 2 and October 2 of each year commencing on April 2, 2026. The Notes will mature on October 2, 2030. The offering is expected to close, subject to customary closing conditions, on October 2, 2025. The Purchase Agreement contains customary representations, warranties, conditions to closing, indemnification rights and obligations of the parties and termination provisions. Pursuant to the Purchase Agreement, on or prior to the closing of the offering, the Company will enter into a registration rights agreement with J.P. Morgan Securities LLC, BofA Securities, Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC, with respect to the Notes. The Company intends to use the net proceeds of this 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 acc
01 – Financial Statements
Item 9.01 – Financial Statements and Exhibits. (d) Exhibits: Exhibit Number Description 10.1 Purchase Agreement dated September 25, 2025, by and among Franklin BSP Capital Corporation, Franklin BSP Capital Adviser L.L.C., Benefit Street Partners L.L.C. and J.P. Morgan Securities LLC, BofA Securities, Inc., SMBC Nikko Securities America, Inc. and Wells Fargo Securities, LLC, as representatives of the several initial purchasers named therein. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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: September 29, 2025 By: /s/ Nina K. Baryski Name: Nina K. Baryski Title: Chief Financial Officer and Treasurer 2