NEW YORK–(BUSINESS WIRE)–Franklin BSP Lending Corp. (“FBLC”) today announced the completion of a $235 million equity capital raise and a $495 million corporate revolver. With the capital raise, FBLC will have over $1.7 billion in equity and capital commitments, solidifying it as one of the largest Business Development Companies (“BDCs”) by equity once fully called. […]
Benefit Street Partners, Franklin BSP Lending Corp., and Franklin BSP Capital Corp. Announce Record Private Debt Originations in 2021 NEW YORK, N.Y. – January 19, 2022 – Benefit Street Partners L.L.C. (“BSP”) today announced record originations for both the fourth quarter and full-year 2021. BSP originated a record $2.8 billion of commitments across 41 issuers […]
Franklin BSP Lending Corporation and Franklin BSP Capital Corporation, Affiliates of Benefit Street Partners, Acquire Encina Equipment Finance, LLC NEW YORK, N.Y. – January 5, 2022 – Franklin BSP Lending Corporation (“FBLC”) and Franklin BSP Capital Corporation (“FBCC”), business development companies advised by affiliates of Benefit Street Partners L.L.C. (“BSP”), today announced the acquisition of […]
Business Development Corporation of America (“BDCA”) Changes Name to Franklin BSP Lending Corporation (“FBLC”) NEW YORK, N.Y. – January 4, 2022 – The Board of Directors of Business Development Corporation of America (“BDCA”) has elected to change the name of the company to Franklin BSP Lending Corporation (“FBLC”) effective January 1, 2022. FBLC is a […]
BDCA Announces Change to Distribution and a Special Dividend New York, New York, —On September 29, 2021, the Board of Directors (the “Board”) of Business Development Corporation of America (“BDCA” or the “Corporation”) declared a regular quarterly cash dividend of $0.13 per share (the “Third Quarter Dividend”) and a special distribution of $0.02 per share of […]
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