Franklin BSP Capital issues 1.65M shares for $25M in private placement

Franklin BSP Capital Corp

Issued ~1.646M shares of common stock at aggregate offering price of ~$25.0M.
Sale conducted under subscription agreements via drawdown notice to accredited investors.
Exempt from registration under Section 4(a)(2) and Regulation D of the Securities Act.
Proceeds used for general corporate purposes; capital commitments funded as-needed.

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