Franklin BSP Lending Corp. ("FBLC") announced the completion of a $495 million corporate revolver. FBLC announced it had entered into a corporate revolving facility, securing $495 million in commitments.

The transaction offers increased flexibility at an attractive cost of capital, while strengthening its balance sheet. JP Morgan Chase Bank, MUFG Bank Ltd., Sumitomo Mitsui Banking Corporation and Wells Fargo Securities served as joint bookrunners and lead arrangers.