Cox Capital Partners Announces Extension Date for Mini-Tender Offer for Common Stock of Franklin BSP Capital Corporation
May 17 2024 - 2:19PM
Business Wire
Cox Capital Partners (the “Company”), and its purchaser group
(collectively the “Purchasers”), today announced that it has
extended the expiration date for the Mini-Tender Offer for
outstanding common stock (“Shares”) of Franklin BSP Capital
Corporation (the “Fund” or “FBCC”).
As a result of increasing stockholder interest and the Memorial
Day holiday, the Purchasers have decided that it is in the best
interest of Fund stockholders to extend the expiration date to June
14, 2024. The Purchasers may also choose to increase the total
capacity of the Offer within regulatory limits as participation
increases. No other terms of the Offer have changed.
The Tender Offer will now expire at 5pm
ET on June 14, 2024 unless the Offer is extended by the expiration
date. The previous expiration date was 5pm ET on May 24,
2024. If the amount of Shares tendered exceeds the capacity of the
Offer, Shares will be accepted on a pro rata basis unless the
capacity of the Offer is increased by the Purchasers.
Stockholders may obtain additional copies of the Tender Offer
documents by contacting the Fund or the Company. Stockholders
should read these documents, as the documents contain important
information about the Company's Tender Offer.
Additional Tender Offer Information
For more information please visit Cox Capital Partners at
www.coxcp.com/fbcctender.
About Cox Capital Partners
Cox Capital Partners is an investment management firm
specializing in secondary liquidity solutions and alternative
investment strategies. The Company provides direct liquidity to
shareholders, fund sponsors, limited partners, and general partners
of non-traded and private BDCs, non-traded and private REITs,
interval funds, and feeder funds. The Company is based in
Philadelphia, PA.
This material has been distributed for informational purposes
only and should not be considered as investment advice or a
recommendation of any particular security, strategy, or investment
product. The Company, nor its purchaser group, makes any
recommendation as to whether to tender or not to tender any Shares
in the Tender Offer. The Company recommends that stockholders
consult with their financial professionals as part of consideration
of the Offer. No part of this material may be reproduced in any
form, or referred to in any other publication, without express
written permission from the Company. The Company undertakes no
obligation to update any forward-looking statements to reflect
events or circumstances after the date of such statement.
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Contact Information for Tender Offer: Website:
www.coxcp.com/fbcctender Email: fbcctender@coxcp.com Phone:
484-840-5281 Media: John Cox, 302-468-6499