# FRANKLIN RESOURCES INC (BEN) — capital_raise/public_offering [announced]
Source: SEC API (secapi.ai) · situation sit_2595bc2ab5d60e545c9a · retrieved 2026-08-12T21:26:51.179Z

## Overview
Franklin Resources, Inc. is an investment adviser and asset management company that provides investment management services and products to individuals and institutions.

Franklin Resources, Inc. completed an underwritten public offering of $750,000,000 aggregate principal amount of 5.500% Notes due 2036 on August 10, 2026. The Notes were issued under an Indenture dated October 6, 2020, with The Bank of New York Mellon Trust Company, N.A. as trustee. The Notes bear interest at 5.500% per annum, payable semi-annually on February 10 and August 10 of each year, commencing February 10, 2027, and mature on August 10, 2036. The Company intends to use the net proceeds of approximately $738,652,500 (after underwriting discount) to repay approximately $700,000,000 of outstanding revolving borrowings under its Second Amended and Restated Credit Agreement and for general corporate purposes.

## Terms
- Counterparty: BofA Securities, Inc., HSBC Securities (USA) Inc., Wells Fargo Securities, LLC and other underwriters · Deal value: $750.0M · Consideration: cash

## Key dates
- Announced 2026-07-30 · Expiry 2031-07-30

## Timeline
- 2026-07-30 · 8-K (0001552781-26-000398): 8-K - FRANKLIN RESOURCES INC — *Franklin Resources, Inc. is an investment management company that provides investment advisory services and manages investment funds.* Franklin Resources, Inc. entered into a Second Amended and Restated Credit Agreement on July 30, 2026, with Bank of America, N.A. as administrative agent and a syndicate of lenders. The facility provides a five-year revolving credit facility with $1,500,000,000 of aggregate commitments, with an option to increase commitments by up to $500,000,000. The maturity date is July 30, 2031. As of the closing date, $700,000,000 was outstanding under the new facility. The agreement amends and restates the Company's prior revolving credit agreement, which had been scheduled to mature on April 30, 2030, and the $700,000,000 in borrowings under the prior agreement were rolled into the new facility.
  https://www.sec.gov/Archives/edgar/data/38777/0001552781-26-000398.txt
- 2026-08-10 · 8-K (0001552781-26-000423): 8-K - FRANKLIN RESOURCES INC — *Franklin Resources, Inc. is an investment adviser and asset management company that provides investment management services and products to individuals and institutions.* Franklin Resources, Inc. completed an underwritten public offering of $750,000,000 aggregate principal amount of 5.500% Notes due 2036 on August 10, 2026. The Notes were issued under an Indenture dated October 6, 2020, with The Bank of New York Mellon Trust Company, N.A. as trustee. The Notes bear interest at 5.500% per annum, payable semi-annually on February 10 and August 10 of each year, commencing February 10, 2027, and mature on August 10, 2036. The Company intends to use the net proceeds of approximately $738,652,500 (after underwriting discount) to repay approximately $700,000,000 of outstanding revolving borrowings under its Second Amended and Restated Credit Agreement and for general corporate purposes.
  https://www.sec.gov/Archives/edgar/data/38777/0001552781-26-000423.txt

## Citations
- 0001552781-26-000398 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000155278126000398
- 0001552781-26-000423 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000155278126000423