Franklin BSP Lending Ends Key Merger Advisory Agreement

Franklin BSP Lending Corporation (BDVC) has released an update to notify the public and investors about a termination of a material definitive agreement.

The Agreement and Plan of Merger dated October 2, 2023, outlines a merger between Franklin BSP Capital Corporation, Franklin BSP Lending Corporation, and Franklin BSP Merger Sub, Inc., with Franklin BSP Capital Adviser L.L.C. involved for specific purposes. Following the merger’s completion, the investment advisory agreement between Franklin BSP Lending Corporation and its external adviser was terminated.

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