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

Franklin BSP Capital Corp

Issued approximately 1.65 million shares of common stock for aggregate proceeds of $25.0 million.
Sale made under subscription agreements with accredited investors, exempt under Section 4(a)(2) and Regulation D.
Drawdown notice previously delivered; investors fund purchases on 10 business days' notice.
Capital commitments are called as needed; proceeds increase company's equity capital.

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