73134 Federal Register / Vol. 89, No. 174 / Monday, September 9, 2024 / Notices 

time prices will be restored to the levels 

that were in effect prior to these 

increases. The changes are described 

generally below, with a detailed 

description of the changes in the 

attachment. The attachment includes 

the draft Mail Classification Schedule 

sections with the new prices that will 

take effect on October 6 displayed in the 

price charts, as well as the Mail 

Classification Schedule sections with 

the prices that will be restored on 

January 19. 

As shown in the nonpublic annex 

being filed under seal herewith, the 

changes we establish should enable 

each competitive product to cover its 

attributable costs (39 U.S.C. 3633(a)(2)) 

and should result in competitive 

products as a whole complying with 39 

U.S.C. 3633(a)(3), which, as 

implemented by 39 CFR 3035.107(c), 

requires competitive products 

collectively to contribute a minimum of 

9.6 percent to the Postal Service’s 

institutional costs. Accordingly, no 

issue of subsidization of competitive 

products by market dominant products 

should arise (39 U.S.C. 3633(a)(1)). We 

therefore find that the new prices are in 

accordance with 39 U.S.C. 3632–3633 

and 39 CFR 3035.102. 

I. Domestic Products 

A. Priority Mail Express 

Overall, the Priority Mail Express 

price change represents a 4.9 percent 

increase. The existing structure of zoned 

Retail and Commercial price categories 

is maintained. Retail prices will 

increase 4.9 percent on average, while 

the Commercial price category will 

increase 4.9 percent on average. 

B. Priority Mail 

On average, the Priority Mail prices 

will be increased by 5.5 percent. The 

existing structure of zoned Retail and 

Commercial price categories is 

maintained. Retail prices will increase 

5.3 percent on average, while the 

Commercial price category will increase 

5.6 percent on average. 

C. USPS Ground Advantage 

USPS Ground Advantage, introduced 

in July 2024, is the Postal Service’s 

flagship ground package product. USPS 

Ground Advantage prices will increase 

6.4 percent on average. The existing 

structure of zoned Retail and 

Commercial price categories is 

maintained. Retail prices will increase 

6.2 percent on average, while the 

Commercial price category will increase 

6.5 percent on average. The Alaska 

Limited Overland Routes (LOR) price 

category will see a 10.3 percent 

increase. 

No price changes are being made to 

Parcel Select, Special Services, or 

International competitive products. 

Order 

The changes in prices set forth herein 

shall be effective at 12:00 a.m. on 

October 6, 2024, and will be rolled back 

to current levels at 12:00 a.m. on 

January 19, 2025. We direct the 

Secretary of the Board of Governors to 

have this decision published in the 

Federal Register in accordance with 39 

U.S.C. 3632(b)(2), and direct 

management to file with the Postal 

Regulatory Commission appropriate 

notice of these changes. 

By The Governors: 

Roman Martinez IV, 

Chairman, Board of Governors. 

UNITED STATES POSTAL SERVICE 

OFFICE OF THE BOARD OF 

GOVERNORS 

Certification of Governors’ Vote on 

Governors’ Decision No. 24–4 

Consistent with 39 U.S.C. 3632(a), I 

hereby certify that on August 8, 2024, 

the Governors voted on adopting 

Governors’ Decision No. 24–4, and that 

a majority of the Governors then holding 

office voted in favor of that Decision. 

Date: August 8, 2024. 

Michael J. Elston, 

Secretary of the Board of Governors. 

[FR Doc. 2024–20272 Filed 9–5–24; 8:45 am] 

BILLING CODE 7710–12–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Investment Company Act Release No. 

35313; File No. 812–15499] 

Franklin BSP Capital Corporation, et al. 

September 4, 2024. 

AGENCY: Securities and Exchange 

Commission (‘‘Commission’’ or ‘‘SEC’’). 

ACTION: Notice. 

Notice of application for an order 

(‘‘Order’’) under sections 17(d) and 57(i) 

of the Investment Company Act of 1940 

(the ‘‘Act’’) and rule 17d–1 under the 

Act to permit certain joint transactions 

otherwise prohibited by sections 17(d) 

and 57(a)(4) of the Act and rule 17d–1 

under the Act. 

Summary of Application: Applicants 

request an order to permit certain 

business development companies and 

closed-end management investment 

companies to co-invest in portfolio 

companies with each other and with 

certain affiliated investment entities. 

Applicants: Franklin BSP Capital 

Corporation; Franklin BSP Private 

Credit Fund; 54th Street Equity 

Holdings, Inc.; FBLC Funding I, LLC; 

BDCA–CB Funding, LLC; FBLC 57th 

Street Funding LLC; BDCA SLF 

Funding, LLC; Benefit Street Partners 

Capital Opportunity Fund II L.P.; 

Benefit Street Partners Capital 

Opportunity Fund II SPV–1 LP; Benefit 

Street Partners Capital Opportunity 

Fund L.P.; Benefit Street Partners 

Capital Opportunity Fund SPV LLC; 

Benefit Street Partners Dislocation Fund 

(Cayman) L.P.; Benefit Street Partners 

Dislocation Fund (Cayman) Master L.P.; 

Benefit Street Partners Dislocation Fund 

L.P.; Benefit Street Partners Senior 

Secured Opportunities (U) Master Fund 

(Non-US) L.P.; Benefit Street Partners 

Senior Secured Opportunities Fund 

L.P.; Benefit Street Partners Senior 

Secured Opportunities Master Fund 

(Non-US) L.P.; Benefit Street Partners 

Debt Fund IV (Non-US) SPV L.P.; 

Benefit Street Partners Debt Fund IV 

2019 Leverage (Non-US) SPV L.P.; 

Benefit Street Partners Debt Fund IV 

2019 Leverage SPV L.P.; Benefit Street 

Partners Debt Fund IV L.P.; Benefit 

Street Partners Debt Fund IV Master 

(Non-US) L.P.; Benefit Street Partners 

Debt Fund IV SPV L.P.; Benefit Street 

Partners SMA LM LP; Benefit Street 

Partners SMA–C Co-Invest L.P.; Benefit 

Street Partners SMA–C Co-Invest L.P.— 

Series II; BSP Coinvest SMA–H LLC; 

BSP Debt Fund V LP; BSP Debt Fund V 

Master (Non-US) LP; BSP Debt Fund V 

Unlevered (Non-US) L.P.; BSP Debt 

Fund V Unlevered (Non-US) Master 

L.P.; BSP Debt Fund V–IA (Non-US) 

Master L.P.; BSP Debt Fund V–IA (NonUS) L.P.; Benefit Street Partners SMA– 

C II L.P.; Benefit Street Partners SMA– 

C II SPV L.P.; Benefit Street Partners 

SMA–C L.P.; Benefit Street Partners 

SMA–C SPV L.P.; Benefit Street Partners 

SMA–K L.P.; Benefit Street Partners 

SMA–K SPV LP; Benefit Street Partners 

SMA–L L.P.; Benefit Street Partners 

SMA–O L.P.; Benefit Street Partners 

SMA–OS L.P.; Benefit Street Partners 

SMA–T L.P.; Benefit Street Partners 

Special Situations Fund II (Cayman) 

L.P.; Benefit Street Partners Special 

Situations Fund II L.P.; BSP Coinvest 

SMA–N L.P.; BSP Coinvest Vehicle 1 

LP; BSP Coinvest Vehicle 2 L.P.; BSP 

Coinvest Vehicle K LP; BSP Levered 

Non-US Master SOF II (Senior Secured 

Opportunities) Fund L.P.; BSP Levered 

US SOF II (Senior Secured 

Opportunities) Fund L.P.; BSP Senior 

Secured Debt Fund (Non-US) SPV–1 LP; 

BSP Senior Secured Debt Fund SPV–1 

LP; BSP SMA–T 2020 SPV L.P.; BSP 

SOF II Cayman SPV–21 LP; BSP SOF II 


ddrumheller on DSK120RN23PROD with NOTICES1
Federal Register / Vol. 89, No. 174 / Monday, September 9, 2024 / Notices 73135 

1 15 U.S.C. 78s(b)(1). 

2 17 CFR 240.19b–4. 

3See Securities Exchange Act Release No. 99801 

(Mar. 20, 2024), 89 FR 21104. Comments on the 

proposed rule change are available at: https://

www.sec.gov/comments/sr-nysearca-2024-27/ 

srnysearca202427.htm. 

4 15 U.S.C. 78s(b)(2). 

5See Securities Exchange Act Release No. 

100050, 89 FR 38932 (May 8, 2024). 

6 15 U.S.C. 78s(b)(2)(B). 

7See Securities Exchange Act Release No. 

100390, 89 FR 53466 (June 26, 2024). 

8 15 U.S.C. 78s(b)(2). 

9 Id. 

SPV Cayman LP; BSP SOF II SPV LP; 

BSP SOF II SPV–21 LP; BSP Special 

Situations Master A L.P.; BSP Special 

Situations Master B L.P.; BSP Unlevered 

Lux Flagship Evergreen SCSP; BSP 

Unlevered Lux SOF II (Senior Secured 

Opportunities) Fund ScSP; BSP 

Unlevered Non-US Master SOF II 

(Senior Secured Opportunities) Fund 

L.P.; FBCC Lending I, LLC; Landmark 

Wall SMA L.P. ; Landmark Wall SMA 

SPV L.P.; Providence Debt Fund III 

(Non-US) SPV L.P.; Providence Debt 

Fund III L.P.; Providence Debt Fund III 

Master (Non-US) L.P.; Providence Debt 

Fund III SPV L.P.; BSP Credit Solutions 

Master Fund, L.P.; Benefit Street 

Partners L.L.C.; Franklin BSP Capital 

Adviser L.L.C.; Franklin BSP Realty 

Trust, Inc.; BSP Michel Unlevered 

Direct Lending Fund SCSP; BSP JPY 

Unlevered Senior Debt Evergreen Fund, 

L.P.; Franklin BSP Real Estate Debt 

BDC; Benefit Street Partners Real Estate 

Opportunistic Debt Fund L.P.; Benefit 

Street Partners Real Estate 

Opportunistic Debt Fund II L.P.; 

Franklin Templeton Private Real Estate 

Fund IIB LP; and Franklin Templeton 

Private Real Estate Fund IIIA, L.P. 

Filing Dates: The application was 

filed on August 21, 2023, and amended 

on December 13, 2023, April 5, 2024, 

April 9, 2024, June 7, 2024, and August 

6, 2024. 

Hearing or Notification of Hearing: An 

order granting the requested relief will 

be issued unless the Commission orders 

a hearing. Interested persons may 

request a hearing on any application by 

emailing the SEC’s Secretary at 

Secretarys-Office@sec.gov and serving 

the Applicants with a copy of the 

request by email, if an email address is 

listed for the relevant Applicant below, 

or personally or by mail, if a physical 

address is listed for the relevant 

Applicant below. Hearing requests 

should be received by the Commission 

by 5:30 p.m. on September 30, 2024, 

and should be accompanied by proof of 

service on applicants, in the form of an 

affidavit or, for lawyers, a certificate of 

service. Pursuant to rule 0–5 under the 

Act, hearing requests should state the 

nature of the writer’s interest, any facts 

bearing upon the desirability of a 

hearing on the matter, the reason for the 

request, and the issues contested. 

Persons who wish to be notified of a 

hearing may request notification by 

emailing the Commission’s Secretary at 

SecretarysOffice@sec.gov. 

ADDRESSES: The Commission: 

Secretarys-Office@sec.gov. Applicants: 

Richard J. Byrne, Benefit Street Partners 

L.L.C., 9 West 57th Street, Suite 4920, 

New York, NY 10019; and Rajib Chanda, 

Esq. and Steven Grigoriou, Esq., 

Simpson Thacher & Bartlett LLP, at 

Rajib.Chanda@stblaw.com and 

Steven.Grigoriou@stblaw.com, 

respectively. 

FOR FURTHER INFORMATION CONTACT: 

Kieran G. Brown, Senior Counsel, or 

Terri G. Jordan, Branch Chief, at (202) 

551–6825 (Division of Investment 

Management, Chief Counsel’s Office). 

SUPPLEMENTARY INFORMATION: For 

Applicants’ representations, legal 

analysis, and conditions, please refer to 

Applicants’ fifth amended and restated 

application, dated August 5, 2024, 

which may be obtained via the 

Commission’s website by searching for 

the file number at the top of this 

document, or for an Applicant using the 

Company name search field, on the 

SEC’s EDGAR system. The SEC’s 

EDGAR system may be searched at, at 

http://www.sec.gov/edgar/searchedgar/ 

legacy/companysearch.html. You may 

also call the SEC’s Public Reference 

Room at (202) 551–8090. 

For the Commission, by the Division of 

Investment Management, under delegated 

authority. 

Vanessa A. Countryman, 

Secretary. 

[FR Doc. 2024–20241 Filed 9–6–24; 8:45 am] 

BILLING CODE 8011–01–P 

SECURITIES AND EXCHANGE 

COMMISSION 

[Release No. 34–100896; File No. SR– 

NYSEARCA–2024–27] 

Self-Regulatory Organizations; NYSE 

Arca, Inc.; Notice of Designation of a 

Longer Period for Commission Action 

on Proceedings To Determine Whether 

To Approve or Disapprove a Proposed 

Rule Change To List and Trade Shares 

of the 7RCC Spot Bitcoin and Carbon 

Credit Futures ETF Under NYSE Arca 

Rule 8.500–E (Trust Units) 

September 3, 2024. 

On March 13, 2024, NYSE Arca, Inc. 

(‘‘NYSE Arca’’) filed with the Securities 

and Exchange Commission 

(‘‘Commission’’), pursuant to Section 

19(b)(1) of the Securities Exchange Act 

of 1934 (‘‘Act’’) 1 and Rule 19b–4 

thereunder,2 a proposed rule change to 

list and trade shares of the 7RCC Spot 

Bitcoin and Carbon Credit Futures ETF 

under NYSE Arca Rule 8.500–E (Trust 

Units). The proposed rule change was 

published for comment in the Federal 

Register on March 26, 2024.3

On May 2, 2024, pursuant to Section 

19(b)(2) of the Act,4 the Commission 

designated a longer period within which 

to approve the proposed rule change, 

disapprove the proposed rule change, or 

institute proceedings to determine 

whether to disapprove the proposed 

rule change.5 On June 20, 2024, the 

Commission instituted proceedings 

pursuant to Section 19(b)(2)(B) of the 

Act 6 to determine whether to approve 

or disapprove the proposed rule 

change.7

Section 19(b)(2) of the Act 8 provides 

that, after initiating disapproval 

proceedings, the Commission shall issue 

an order approving or disapproving the 

proposed rule change not later than 180 

days after the date of publication of 

notice of filing of the proposed rule 

change. The Commission may extend 

the period for issuing an order 

approving or disapproving the proposed 

rule change, however, by not more than 

60 days if the Commission determines 

that a longer period is appropriate and 

publishes the reasons for such 

determination. The proposed rule 

change was published for notice and 

comment in the Federal Register on 

March 26, 2024. September 22, 2024 is 

180 days from that date, and November 

21, 2024 is 240 days from that date. 

The Commission finds it appropriate 

to designate a longer period within 

which to issue an order approving or 

disapproving the proposed rule change 

so that it has sufficient time to consider 

the proposed rule change and the 

comment it has received in connection 

with the proposed rule change. 

Accordingly, the Commission, pursuant 

to Section 19(b)(2) of the Act,9

designates November 21, 2024 as the 

date by which the Commission shall 

either approve or disapprove the 

proposed rule change (File No. SR– 

NYSEARCA–2024–27). 


ddrumheller on DSK120RN23PROD with NOTICES1