---
schema_version: "secwatch.filing_event.v1"
accession: "0000038777-22-000006"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2022-01-14T23:59:59+00:00"
generated_at: "2026-06-27T18:03:29.170947+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources enters $500M 364-day revolver with Bank of America

## Summary
- $500M revolving credit facility matures in 364 days from Jan 10, 2022.
- Interest at Base Rate or BSBY rate plus 0.65% margin; 0.05% commitment fee on unused.
- Covenant: consolidated net leverage ratio ≤ 3.00x tested quarterly.
- Proceeds for general corporate purposes; no amounts drawn at closing.

## SEC filing metadata
- accession: 0000038777-22-000006
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2022-01-14T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000003877722000006/0000038777-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000003877722000006/ben-20220110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000038777-22-000006
- JSON: https://secwatch.observer/filing/0000038777-22-000006.json
- Plain text: https://secwatch.observer/filing/0000038777-22-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.