Franklin BSP Lending Corporation Overview
Industry: Asset Management
Sector: Financial Services
Franklin BSP Lending Corporation is a business development company specializing in investing in middle market companies, leverage buyouts, acquisitions, recapitalizations, growth opportunities, venture debt, CLO equity, delayed draw term loans, rescue financing, distressed or turnaround situations, and bridge loans and financing. It invests in the debt and equity of private held companies. It typically prefers to invest in unitranche, senior secured debt, senior unsecured debt, second lien secured debt, equity co-investments, subordinated secured debt, subordinated unsecured debt, mezzanine debt, convertible debt, convertible preferred equity, preferred equity, common equity, warrants. It seeks to invest in business services, energy, general industrial, government, healthcare, software, specialty finance, restaurants, TMT, food and beverage, and consumer products. It prefers to take majority stakes in investments. It invests throughout the United States and Canada. It invests between $1 million and $25 million in established companies with revenues between $5 million and $1000 million and stable operating cash flows. Within middle market loans, the investment size across the BSP private debt platform typically ranges from $25 million to over $250 million in companies with EBITDA between $10 million and $100 million. It seeks to have Board representation or Board Observation rights in its portfolio companies. Franklin BSP Lending Corporation is a business development company specializing in investing in middle market companies, leverage buyouts, acquisitions, recapitalizations, growth opportunities, venture debt, CLO equity, delayed draw term loans, rescue financing, distressed or turnaround situations, Read MoreFranklin BSP Lending Corporation is evaluated based on the investment philosophy and approach to stock market investing developed by renowned investor Warren Buffett. Companies with high ratings typically exhibit growing earnings, a substantial profit margin, conservative leverage, a consistently high return on equity, and a sustained practice of repurchasing their shares over the years.
Franklin BSP Lending Corporation
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