Franklin Resources enters $1.5B credit facility, extends maturity to 2031

FRANKLIN RESOURCES INC

New $1.5B revolving credit facility with option to increase by $500M, maturing July 30, 2031.
Prior $1.5B facility terminated; $700M outstanding rolled into new facility.
Interest rates based on debt rating: Term SOFR + 0.625%-1.25%, Base Rate + 0%-0.25%.
Financial covenant: consolidated net leverage ratio ≤ 3.25x.
Use of proceeds for general corporate purposes.

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