Franklin BSP Capital Corporation Prices $300 Million Notes Offering Due 2030

NEW YORK, Franklin BSP Capital Corporation (“FBCC” or the “Company”) today announced the pricing of an offering of $300 million in aggregate principal amount of 6.000% notes due October 2, 2030. The Notes may be redeemed, in whole or in part, at any time at par plus a make-whole premium, if applicable. The offering is expected to close on or about October 2, 2025, subject to customary conditions.

FBCC plans to use the net proceeds for general corporate purposes, including repayment of existing indebtedness and new investments in portfolio companies aligned with its strategic objectives.

The Notes have not been registered under the Securities Act of 1933 and may only be offered to qualified institutional buyers under Rule 144A or certain non-U.S. persons under Regulation S. This release does not constitute an offer to sell or a solicitation to buy securities in any jurisdiction where such actions would be unlawful.

Franklin BSP Capital Corporation

FBCC is an externally managed, closed-end business development company focused on generating income and capital appreciation through debt and equity investments in U.S. middle-market companies. Its portfolio primarily consists of first and second lien senior secured loans, along with mezzanine and unsecured debt. The company also participates in secondary market transactions.

Managed by Franklin BSP Capital Adviser L.L.C., an affiliate of Benefit Street Partners L.L.C. — a leading credit-focused alternative asset manager with $82 billion in AUM as of June 30, 2025 — FBCC continues to build a diversified lending platform supporting mid-sized enterprises.