---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-244829"
form_type: "8-K"
ticker: "BEN"
cik: "0000038777"
company_name: "FRANKLIN RESOURCES INC"
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T14:04:51.876899+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Franklin Resources issues $450M in notes: $350M 2.950% due 2051, $100M 1.600% due 2030

## Summary
- Issued $350M of 2.950% Notes due 2051 and $100M additional 1.600% Notes due 2030 (total $450M).
- Net proceeds for general corporate purposes; may redeem $300M of 2.800% notes due 2022 and/or $250M Legg Mason 3.950% notes due 2024.
- The Additional 2030 Notes ($100M) share same CUSIP and series as the $750M originally issued Oct 2020, making total 2030 Notes $850M.
- Notes are unsecured, unsubordinated obligations, ranking equal with other unsecured debt, structurally subordinated to subsidiaries.

## SEC filing metadata
- accession: 0001193125-21-244829
- form_type: 8-K
- ticker: BEN
- cik: 0000038777
- company_name: FRANKLIN RESOURCES INC
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/38777/000119312521244829/0001193125-21-244829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/38777/000119312521244829/d215747d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-244829
- JSON: https://secwatch.observer/filing/0001193125-21-244829.json
- Plain text: https://secwatch.observer/filing/0001193125-21-244829.txt

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