Franklin BSP Capital Corp (FRBP) Price

Franklin BSP Lending Corp a traded business development company invests in private and public middle market companies located in the United States and Canada with an annual revenue of USD 5 – 1000 million and EBITDA of USD 10 - 100 million. The company is headquartered in New York City, New York and currently employs 494 full-time employees. The company went IPO on 2016-05-25. The Company’s investment objective is to generate both current income capital and capital appreciation through debt and equity investments. The firm invests primarily in first and second lien senior secured loans, and to a lesser extent, mezzanine loans, unsecured loans and equity of predominantly private U.S. middle market companies. The firm also may purchase interests in loans or corporate bonds through secondary market transactions. The firm invests in various sectors, including software/services, healthcare, paper and packaging, media/entertainment, business services, energy, transportation, food and beverage, industrials, chemicals, utilities, consumer, telecom, education, and retail. The firm is managed by Franklin BSP Capital Adviser L.L.C.