# EDGAR Filing Document

**Accession Number:** 0001490927
**File Stem:** 0001104659-23-014767
**Filing Date:** 2023-2
**Character Count:** 5904
**Document Hash:** bb17a874b3f1668be4e6ffde8bac2f7d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-014767.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001104659-23-014767

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230209

**ITEM INFORMATION**: Unregistered Sales of Equity Securities

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin BSP Lending Corp
- **CENTRAL INDEX KEY:** 0001490927
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 814-00821
- **FILM NUMBER:** 23600988

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Business Development Corp of America
- **DATE OF NAME CHANGE:** 20100503

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of**

**The Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): February 9, 2023

**FRANKLIN BSP LENDING CORPORATION**

(Exact name of registrant as specified in its charter)

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| | | |
|:---|:---|:---|
| **Maryland** | **814-00821** | **27-2614444** |
| (State or other jurisdiction<br> of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |

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| | |
|:---|:---|
| **9 West 57<sup>th</sup> Street, Suite 4920<br> New York, New York** | **10019** |
| (Address of principal executive offices) | (Zip Code) |

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Registrant's telephone number, including area code: **(212) 588-6770**

**Not Applicable**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

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| |
|:---|
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging Growth Company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

**Securities registered pursuant to Section 12(b) of the Act: None.**

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|:---|:---|
| **Item 3.02.** | **Unregistered Sales of Equity Securities.** |

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On February 7, 2023, pursuant to a drawdown notice previously delivered to investors, Franklin BSP Lending Corporation (the "Company") issued and sold approximately 4.9 million shares of the Company's common stock, par value $0.001 per share (the "Common Stock") for an aggregate offering price of approximately $36.3 million. The Company will use the proceeds for general corporate purposes.

The sale of Common Stock was made pursuant to the subscription agreements (collectively, the "Subscription Agreements") entered into with certain investors. Pursuant to their respective Subscription Agreements, each Investor is required to fund drawdowns to purchase shares of Common Stock up to the amount of their respective capital commitments on an as-needed basis at a per share price that is not less than the net asset value per share of Common Stock to be acquired.

The issuance of the Common Stock is exempt from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) thereof and Regulation D thereunder. The Company relied, in part, upon representations from investors in the relevant Subscription Agreements that each Investor is an "accredited investor," as defined in Regulation D under the Securities Act.

The description above is only a summary of the material provisions of the Subscription Agreements and is qualified in its entirety by reference to a copy of the form of Subscription Agreement, which is filed as Exhibit 1.2 to the Company's Current Report on Form 8-K filed on April 7, 2022 and incorporated herein by reference.

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| | |
|:---|:---|
| **Item 9.01** | **Financial Statements and Exhibits.** |

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(d) Exhibits

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| | |
|:---|:---|
| **Exhibit<br> No.** | **Description** |
| [1.1](https://www.sec.gov/Archives/edgar/data/1490927/000110465922043659/tm2211774d1_ex1-2.htm) | [Form of Subscription Agreement (incorporated by reference to Exhibit 1.2 of the Company's Current Report on Form 8-K, filed on April 7, 2022).](https://www.sec.gov/Archives/edgar/data/1490927/000110465922043659/tm2211774d1_ex1-2.htm) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | **FRANKLIN BSP LENDING CORPORATION** | **FRANKLIN BSP LENDING CORPORATION** |
| Date: February 9, 2023 | By: | /s/ Nina K. Baryski |
|  | Name: | Nina K. Baryski |
|  | Title: | Chief Financial Officer and Treasurer |

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