Franklin BSP Capital Corp

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.

Franklin BSP Capital Corporation announced that Nina Baryski has resigned from her positions as Chief Financial Officer and Treasurer, effective July 27, 2026. Ms. Baryski is leaving to pursue another professional opportunity, and her departure is not due to any disagreement with the company.

Franklin BSP Capital Corp's subsidiary, FBLC Funding I, LLC, entered into Amendment No. 5 to its loan and servicing agreement. This amendment increases the credit facility from $300 million to $400 million and reduces the interest spread on borrowings from 2.15% to 1.95% per annum. Additionally, the facility maturity date has been extended from August 25, 2028, to April 10, 2031, and the reinvestment period end date from August 25, 2026, to April 10, 2029. These changes enhance the company's financial flexibility and reduce borrowing costs.