{"schema_version":"secwatch.filing_event.v1","accession":"0000038777-22-000165","form_type":"8-K","ticker":"BEN","cik":"0000038777","company_name":"FRANKLIN RESOURCES INC","filed_at":"2022-09-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:57.835600+00:00","generated_at":"2026-06-23T10:28:24.069428+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Franklin Resources enters $500M revolver and $300M term loan, to repay $300M notes due Sept 2022","bullets":["New $500M revolving credit facility matures Sept 7, 2023; no amounts drawn at closing.","New $300M term loan matures Sept 8, 2025; funded in full at closing to repay 2.800% senior notes due Sept 2022.","Interest on term loan at SOFR + 0.75%-1.00% based on credit rating; facility includes 0.10% credit spread adjustment.","Financial covenant requires consolidated net leverage ratio ≤ 3.00x, measured quarterly.","Revolver carries annual commitment fee of 0.05% on average unused amount."],"urls":{"canonical":"https://secwatch.observer/filing/0000038777-22-000165","json":"https://secwatch.observer/filing/0000038777-22-000165.json","markdown":"https://secwatch.observer/filing/0000038777-22-000165.md","text":"https://secwatch.observer/filing/0000038777-22-000165.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/38777/000003877722000165/0000038777-22-000165-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/38777/000003877722000165/ben-20220908.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T10:28:24.069428+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}