Franklin BSP Capital Corp Issues $300M in 7.250% Notes Due 2029

Franklin BSP Capital Corp announced the closing of its Notes Offering, issuing $300.0 million aggregate principal amount of 7.250% Notes due 2029. The offering closed on October 30, 2026, with net proceeds of approximately $294.7 million after deducting initial purchaser discounts and estimated offering expenses. The company intends to use these proceeds for general corporate purposes, including the repayment of indebtedness. The Notes are general unsecured obligations and mature on October 30, 2029, with interest payable semi-annually at a rate of 7.250% per year.