BEN · News · 20260805N
Long-term Debt Issuance
FRANKLIN RESOURCES INC · 2026-08-05 · Importance 64 · Surprise 42 · No source text
Franklin Resources priced a public offering of $750 million aggregate principal amount of 5.500% notes due 2036. The notes were offered at an issue price of 99.137% and were expected to close on August 10, 2026, subject to customary conditions. The company is also reported to have established a new $1.50 billion U.S. revolving credit facility, increasing financing flexibility for its global asset-management strategy.
Key facts
- Franklin Resources priced an underwritten public offering of $750 million aggregate principal amount of 5.500% Notes due 2036 at an issue price of 99.137%. source
- The Notes offering is expected to close on August 10, 2026, subject to customary closing conditions. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | probable | -1.1% | Franklin Resources priced an underwritten public offering of $750 million aggregate principal amount of 5.500% Notes due 2036 at an issue… |
| liability | negative | probable | — | Franklin Resources priced an underwritten public offering of $750 million aggregate principal amount of 5.500% Notes due 2036 at an issue… |
| cash | positive | probable | — | Franklin Resources priced an underwritten public offering of $750 million aggregate principal amount of 5.500% Notes due 2036 at an issue… |