# EDGAR Filing Document

**Accession Number:** 0001794041
**File Stem:** 0001145549-23-014295
**Filing Date:** 2023-3
**Character Count:** 20851
**Document Hash:** fddb7525d1f373e5ec3dffda2e5c71e9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-014295.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001145549-23-014295

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin BSP Private Credit Fund
- **CENTRAL INDEX KEY:** 0001794041
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23492
- **FILM NUMBER:** 23692456

**BUSINESS ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET, SUITE 4920
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-588-6770

**MAIL ADDRESS:**
- **STREET 1:** 9 WEST 57TH STREET, SUITE 4920
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin BSP Private Credit Fund

- **b. Investment Company Act file number:** 811-23492

- **c. CIK number of Registrant:** 0001794041

- **d. LEI of Registrant:** 549300EZ3TEPDZJ0NK72

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 9 West 57th Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** 212-588-6770

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin BSP Private Credit Fund

- **c. LEI of Series:** 549300EZ3TEPDZJ0NK72

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $34294890.17

**Total Liabilities:** $9091935.26

**Net Assets:** $25202954.91

**Cash Not Reported:** $6110.54

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.10%               | 0.70%                | 0.40%                |
| Class ID N/A | -0.10%               | 0.70%                | 0.52%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $8019.32                                   |
| Month 2  | $29216.38                | $99488.28                                  |
| Month 3  | $121029.55               | $-98810.87                                 |

### Schedule of Portfolio Investments

| Name                                       | Title                                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARCHES BUYER INC                           | Arches Buyer Inc                                                          | CUSIP: 039524AA1<br>LEI: 2549009ADY4208OH2Y47 | Long             | DBT              | CORP              | US        |    250000 | PA      | $196562.50    | 0.78%             | 2028-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| JANE STREET GRP/JSG FIN                    | Jane Street Group / JSG Finance Inc                                       | CUSIP: 47077WAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1250000 | PA      | $1085050.00   | 4.31%             | 2029-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MILEAGE PLUS HLDINGS LLC                   | Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd | CUSIP: 599191AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    450000 | PA      | $446616.00    | 1.77%             | 2027-06-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ZENDESK T/L                                | ZENDESK T/L                                                               | CUSIP: 9TERM7BF0<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    534000 | PA      | $523533.60    | 2.08%             | 2028-11-22      | Floating      | 11.04%                | No            |                  3 | On Loan: No      |
| ZENDESK DELAYED DRAW T/L                   | ZENDESK DELAYED DRAW T/L                                                  | CUSIP: 9TERM7BH6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    132778 | PA      | $130122.22    | 0.52%             | 2028-11-22      | Floating      | 10.52%                | No            |                  3 | On Loan: No      |
| ZENDESK R/C                                | ZENDESK R/C                                                               | CUSIP: 9TERM7BG8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     55000 | PA      | $53900.00     | 0.21%             | 2028-11-22      | Floating      | 10.52%                | No            |                  3 | On Loan: No      |
| SPIRIT AEROSYSTEMS INC                     | Spirit AeroSystems Inc                                                    | CUSIP: 84857HAY6<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | LON              | CORP              | US        |    500000 | PA      | $495470.00    | 1.97%             | 2027-11-23      | Floating      | 8.45%                 | No            |                  2 | On Loan: No      |
| DELTA 2 LUX SARL                           | Delta 2 Lux Sarl                                                          | CUSIP: N/A<br>LEI: 549300BBG8Z3D6QSYP53       | Long             | LON              | CORP              | LU        |    500000 | PA      | $499375.00    | 1.98%             | 2030-01-15      | Floating      | 7.34%                 | No            |                  2 | On Loan: No      |
| SOLARWINDS HOLDINGS INC                    | SolarWinds Holdings Inc                                                   | CUSIP: N/A<br>LEI: 549300GUYI8M0E3S0X29       | Long             | LON              | CORP              | US        |    500000 | PA      | $494270.00    | 1.96%             | 2027-02-05      | Floating      | 7.95%                 | No            |                  2 | On Loan: No      |
| FOCUS FINANCIAL PARTNERS LLC               | Focus Financial Partners LLC                                              | CUSIP: N/A<br>LEI: 5493007L0E0VKRC2CP39       | Long             | LON              | CORP              | US        |    500000 | PA      | $493335.00    | 1.96%             | 2028-06-30      | Floating      | 7.33%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING T/L (11/22)               | Altice Financing S.A., Senior Secured First Lien Term Loan                | CUSIP: L0178UAM8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $716250.00    | 2.84%             | 2027-10-28      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| AXALTA COATING SYSTEMS US H                | Axalta Coating Systems US Holdings Inc                                    | CUSIP: 90347BAJ7<br>LEI: 549300NZ43V4QV4UGN28 | Long             | LON              | CORP              | US        |    750000 | PA      | $750000.00    | 2.98%             | 2029-12-20      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |
| TRANSDIGM INC                              | TransDigm Inc                                                             | CUSIP: 89364MBU7<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | LON              | CORP              | US        |    750000 | PA      | $746347.50    | 2.96%             | 2027-02-14      | Floating      | 6.51%                 | No            |                  2 | On Loan: No      |
| GUGGENHEIM PARTNERS                        | Guggenheim Partners Investment Management Holdings LLC                    | CUSIP: 40166KAD3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    750000 | PA      | $740160.00    | 2.94%             | 2029-12-12      | Floating      | 7.53%                 | No            |                  2 | On Loan: No      |
| BOMBARDIER RECREATIONAL PRODUCTS T/L 12/22 | BOMBARDIER RECREATIONAL PRODUCTS T/L 12/22                                | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |    500000 | PA      | $489375.00    | 1.94%             | 2029-12-07      | Floating      | 7.68%                 | No            |                  2 | On Loan: No      |
| NEW FORTRESS ENERGY INC                    | New Fortress Energy Inc                                                   | CUSIP: 644393AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    750000 | PA      | $711892.50    | 2.82%             | 2025-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                      | Tenet Healthcare Corp                                                     | CUSIP: 88033GCY4<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |    500000 | PA      | $475749.00    | 1.89%             | 2026-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| U.S. Bank Money Market Deposit Account     | U.S. Bank Money Market Deposit Account                                    | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  11458715 | NS      | $11458714.66  | 45.47%            |  |  |  | No            |                  1 | On Loan: No      |
| US FOODS INC                               | US Foods Inc                                                              | CUSIP: 90290MAC5<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |    500000 | PA      | $496320.00    | 1.97%             | 2025-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| UNIVISION COMMUNICATIONS                   | Univision Communications Inc                                              | CUSIP: 914906AS1<br>LEI: 549300YQDE2JSGTL8V47 | Long             | DBT              | CORP              | US        |    500000 | PA      | $477517.80    | 1.89%             | 2025-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                              | AppLovin Corp                                                             | CUSIP: 03835EAC8<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | LON              | CORP              | US        |    250000 | PA      | $240052.50    | 0.95%             | 2025-08-15      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| WATERBRIDGE MIDSTREAM OP                   | WaterBridge Midstream Operating LLC                                       | CUSIP: 94120XAB1<br>LEI: 549300DVU86VSP486341 | Long             | LON              | CORP              | US        |    750000 | PA      | $719295.00    | 2.85%             | 2026-06-21      | Floating      | 9.13%                 | No            |                  2 | On Loan: No      |
| CAESARS RESORT COLLECTIO                   | Caesars Resort Collection LLC                                             | CUSIP: 12769LAD1<br>LEI: 549300V3UCT773B1KR38 | Long             | LON              | CORP              | US        |    497770 | PA      | $496072.67    | 1.97%             | 2025-07-20      | Floating      | 7.57%                 | No            |                  2 | On Loan: No      |
| SKYMILES IP LTD                            | SkyMiles IP Ltd                                                           | CUSIP: 24736CBS2<br>LEI: 2549008L7P4I8VB90936 | Long             | LON              | CORP              | KY        |    750000 | PA      | $763500.00    | 3.03%             | 2027-10-20      | Floating      | 7.99%                 | No            |                  2 | On Loan: No      |
| GRAB HOLDINGS INC                          | Grab Holdings Inc                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | SG        |    453182 | PA      | $446384.17    | 1.77%             | 2026-01-29      | Floating      | 8.58%                 | No            |                  2 | On Loan: No      |
| CONNECT FINCO SARL                         | Connect Finco SARL                                                        | CUSIP: L2000DAD6<br>LEI: 2594001KNYIQ456J2792 | Long             | LON              | CORP              | LU        |    500000 | PA      | $493540.00    | 1.96%             | 2026-12-12      | Floating      | 7.58%                 | No            |                  2 | On Loan: No      |
| CITADEL SECURITIES LP                      | Citadel Securities LP                                                     | CUSIP: 17288YAD4<br>LEI: 549300NV5RXBUS3X7L47 | Long             | LON              | CORP              | US        |    750000 | PA      | $734437.50    | 2.91%             | 2028-02-02      | Floating      | 6.70%                 | No            |                  2 | On Loan: No      |
| ADVISOR GROUP HOLDINGS I                   | Advisor Group Holdings Inc                                                | CUSIP: 00775KAE8<br>LEI: 549300XL60BDV6UW5C86 | Long             | LON              | CORP              | US        |    500000 | PA      | $488180.00    | 1.94%             | 2026-07-31      | Floating      | 8.57%                 | No            |                  2 | On Loan: No      |
| PERATON CORP                               | Peraton Corp                                                              | CUSIP: 71360HAB3<br>LEI: 549300EQPCK07ZW63836 | Long             | LON              | CORP              | US        |    500000 | PA      | $487395.00    | 1.93%             | 2028-02-01      | Floating      | 7.82%                 | No            |                  2 | On Loan: No      |
| HUDSON RIVER TRADING LLC                   | Hudson River Trading LLC                                                  | CUSIP: 44413EAF5<br>LEI: 549300SMOBUC8O5UOE10 | Long             | LON              | CORP              | US        |    500000 | PA      | $471965.00    | 1.87%             | 2028-03-18      | Floating      | 7.20%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRIES INC                    | Standard Industries Inc/NJ                                                | CUSIP: 85350EAB2<br>LEI: 54930064UHXCIUWVI755 | Long             | LON              | CORP              | US        |    500000 | PA      | $493395.00    | 1.96%             | 2028-09-22      | Floating      | 3.79%                 | No            |                  2 | On Loan: No      |
| DIRECTV FINANCING LLC                      | Directv Financing LLC                                                     | CUSIP: 25460HAB8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $485730.00    | 1.93%             | 2027-08-02      | Floating      | 9.07%                 | No            |                  2 | On Loan: No      |
| JUMP FINANCIAL LLC                         | Jump Financial LLC                                                        | CUSIP: 48138UAB3<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    500000 | PA      | $473750.00    | 1.88%             | 2028-08-06      | Floating      | 8.31%                 | No            |                  2 | On Loan: No      |
| APPLOVIN CORP                              | AppLovin Corp                                                             | CUSIP: 03835EAF1<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | LON              | CORP              | US        |    997487 | PA      | $945119.35    | 3.75%             | 2028-10-25      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE MORTGAGE TR                     | Blackstone Mortgage Trust Inc                                             | CUSIP: 09259GAF0<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | LON              | CORP              | US        |    750000 | PA      | $733125.00    | 2.91%             | 2029-05-09      | Floating      | 7.23%                 | No            |                  2 | On Loan: No      |
| ENTAIN HOLDINGS GIBRALTA                   | Entain Holdings Gibraltar Ltd                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | GI        |    750000 | PA      | $745627.50    | 2.96%             | 2029-10-31      | Floating      | 7.51%                 | No            |                  2 | On Loan: No      |
| FARADAY BUYER T/L                          | FARADAY BUYER T/L                                                         | CUSIP: 9TERM7A12<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    325000 | PA      | $315607.50    | 1.25%             | 2028-10-11      | Floating      | 10.73%                | No            |                  3 | On Loan: No      |
| FARADAY BUYER DELAYED DRAW T/L             | FARADAY BUYER DELAYED DRAW T/L                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |     32000 | PA      | $31040.00     | 0.12%             | 2028-10-11      | Floating      | 10.99%                | No            |                  3 | On Loan: No      |
| AVALARA T/L                                | Avalara, Inc.,, Senior Secured First Lien Term Loan                       | CUSIP: 9TERM7A53<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    502000 | PA      | $489851.60    | 1.94%             | 2029-10-19      | Floating      | 11.21%                | No            |                  3 | On Loan: No      |
| AVALARA R/C                                | Avalara, Inc.,, Senior Secured First Lien Revolving Credit Loan           | CUSIP: 9TERM7A46<br>LEI: N/A                  | Long             | LON              | CORP              | US        |     50000 | PA      | $48750.00     | 0.19%             | 2029-10-19      | Floating      | 11.21%                | No            |                  3 | On Loan: No      |
| ACRISURE LLC                               | Acrisure LLC                                                              | CUSIP: 00488PAQ8<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |    500000 | PA      | $495000.00    | 1.96%             | 2027-02-15      | Floating      | 9.92%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY MORTGA                   | Starwood Property Mortgage LLC                                            | CUSIP: N/A<br>LEI: 5493008SB15CNJRIOK13       | Long             | LON              | CORP              | US        |    500000 | PA      | $491720.00    | 1.95%             | 2027-11-18      | Floating      | 7.12%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** Franklin BSP Private Credit Fund

**Signature:** Nina Baryski

**Name of Signer:** Nina Baryski

**Title:** Chief Financial Officer