Articles from Franklin BSP Capital Corporation

Franklin BSP Capital Corporation, Inc. (“FBCC” or the “Company”) announced its Board of Directors has declared a regular quarterly cash distribution of $0.29 per common share and a special cash distribution of $0.04 per common share, totaling together $0.33 per common share. The distribution is payable on or about May 14, 2025, to common stockholders of record as of May 6, 2025. The Board of Directors also declared a second quarter 2025 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount.

Franklin BSP Capital Corporation, Inc. (“FBCC” or the “Company”) announced its Board of Directors has declared a regular quarterly cash distribution of $0.29 per common share and a special cash distribution of $0.04 per common share, totaling together $0.33 per common share. The distribution is payable on or about March 17, 2025, to common stockholders of record as of March 10, 2025. The Board of Directors also declared a first quarter 2025 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount.

Franklin BSP Capital Corporation, Inc. (“FBCC” or the “Company”) announced its Board of Directors has declared a regular quarterly cash distribution of $0.29 per common share and a special cash distribution of $0.04 per common share, totaling together $0.33 per common share. The distribution is payable on or about November 18, 2024, to common stockholders of record as of November 8, 2024. The Board of Directors also declared a fourth quarter 2024 distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted common distribution amount.

Franklin BSP Capital Corporation (“FBCC” or the “Company”) today announced its Board of Directors has declared a regular quarterly cash distribution of $0.29 per share of Common Stock and a special cash distribution of $0.04 per share of Common Stock, totaling together $0.33 per share of Common Stock. The distribution will be paid on or around August 15, 2024 to stockholders of record as of August 5, 2024. The Board of Directors also declared a regular quarterly cash distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted Common Stock distribution amount.

Franklin BSP Capital Corporation, Inc. (“FBCC” or the “Company”) today announced its Board of Directors has declared a regular quarterly cash distribution of $0.29 per share of Common Stock and a special cash distribution of $0.04 per share of Common Stock, totaling together $0.33 per share of Common Stock. The distribution will be paid on or around May 15, 2024 to stockholders of record as of May 7, 2024. The Board of Directors also declared a regular quarterly cash distribution on its convertible Series A Preferred Stock in an amount equal to the as-converted Common Stock distribution amount.

Franklin BSP Capital Corporation (“FBCC” or the “Company”) announced today that it has priced an offering of $300 million in aggregate principal amount of 7.200% notes due 2029 (the “Notes”). The Notes will mature on June 15, 2029, 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 May 6, 2024.

Franklin BSP Lending Corporation (“FBLC”) and Franklin BSP Capital Corporation (“FBCC”), business development companies (“BDCs”) managed by affiliates of Benefit Street Partners L.L.C. (“BSP”), today announced the completion of their previously announced merger. FBCC is the surviving company in the merger and will continue to be advised by Franklin BSP Capital Adviser L.L.C., an affiliate of BSP (“FBCA”). Based on September 30, 2023 financial information, the combined company has over $3.8 billion of total assets and approximately $2.1 billion of total net assets on a pro forma basis.