secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN RESOURCES INC (BEN)
CIK:        0000038777
Form:       8-K
Filed at:   2026-08-10T20:15:40+00:00
Accession:  0001552781-26-000423
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Resources closes $750M 5.5% notes offering due 2036
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- Issued $750M aggregate principal of 5.500% unsecured subordinated notes due Aug 10, 2036.
- Net proceeds to repay ~$700M of revolving borrowings under its credit agreement; remainder for general corporate purposes.
- Interest payable semi-annually Feb 10 and Aug 10, first payment Feb 10, 2027; maturity Aug 10, 2036.
- Notes redeemable at Treasury Rate plus 15 bps before May 10, 2036 (Par Call Date), then at par.
- Underwriters: BofA Securities, HSBC Securities (USA), Wells Fargo Securities; closing on Aug 10, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/38777/000155278126000423/0001552781-26-000423-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/38777/000155278126000423/e26341_ben-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-26-000423

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