Franklin Resources, Inc.

NYSE:BEN   3:59:57 PM EDT
22.45
+0.93 (+4.32%)
Debt Financing / Related

Franklin Resources Inc- Entered Into New Revolving Credit Agreement

Published: 09/13/2022 20:50 GMT
Franklin Resources, Inc. (BEN) - Franklin Resources Inc- on September 8, Entered Into New Revolving Credit Agreement and Term Loan Credit Agreement.
Franklin Resources- New Revolving Credit Agreement Amends and Restates Existing 364-day Revolving Credit Facility to Extend Maturity to Sept 7, 2023.
Franklin Resources Inc- New Revolving Credit Agreement Provides for Revolving Credit Facility With $500 Million of Aggregate Commitments.
Franklin Resources Inc- Term Loan Credit Agreement Provides for a Term Loan in an Aggregate Principal Amount of $300 Million.
Franklin Resources Inc- Term Loan Was Funded in Full to Co on Closing Date and Matures on Sep 8, 2025.
Further Company Coverage: Benn ((reuters.
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