Franklin Resources prices $750M of 5.500% senior notes due 2036; $700M net proceeds to repay credit facility

Filed August 7, 2026 · ~1 min read

Key Changes

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  Franklin Resources is issuing $750 million principal amount of 5.500% unsecured senior notes maturing August 10, 2036, with semi-annual interest payments beginning February 10, 2027.

  The Offering verify on EDGAR →
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  Net proceeds of approximately $700 million will repay revolving credit facility borrowings (without reducing the facility's availability), with the remainder for general corporate purposes.

  Use of Proceeds verify on EDGAR →
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  The notes are structurally subordinated to $712.3 million of subsidiary debt as of June 30, 2026, meaning subsidiary creditors are paid before noteholders can access subsidiary assets.

  The Offering verify on EDGAR →