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Filing Details

Accession Number:: 0001104659-23-055147
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2023-05-02 18:53:26
Reporting Period:: 2023-04-28

Accepted Time:: 2023-05-02 18:53:26
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1794041	Franklin Bsp Private Credit Fund	FBSPX	Investment Advice (6282)	DE

Insiders

Cik	Name	Reported Address	Director	Officer	Large Shareholder	Other
38777	Franklin Resources Inc	One Franklin Parkway San Mateo CA 94403-1906	No	No	Yes	Yes
1543160	Benefit Street Partners Llc	9 West 57Th Street, Suite 4920 New York NY 10019	No	No	Yes	Yes
1807977	Bsp Fund Holdco (Debt Strategy) Lp	9 West 57Th Street Suite 4920 New York NY 10019	No	No	Yes	Yes

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Advisor Class Shares	Acquisiton	2023-04-28	2,465,483	$10.14	4,955,483	No	4	P	Indirect	Held by subsidiary

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	Held by subsidiary

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Shares	10,000	Indirect	Held by subsidiary

Footnotes

BSP Fund HoldCo (Debt Strategy) L.P. ("HoldCo"), a direct wholly owned subsidiary of Franklin Resources, Inc. ("FRI"), directly holds 10,000 Class A Shares and [(black circle)] Advisor Class Shares of the Issuer, respectively. Benefit Street Partners L.L.C. ("BSP"), a direct wholly owned subsidiary of FRI, serves as investment adviser to the issuer. BSP holds no Class A Shares or Advisor Class Shares.
FRI is filing this report for itself and its affiliates, except as set forth herein. Beneficial ownership by FRI and its affiliates is being reported herein in conformity with the guidelines articulated by the SEC staff in Release No. 34-39538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from each other. The voting and investment powers held by each of FRI's affiliates whose ownership of securities is disaggregated from that of FRI in accordance with the 1998 Release ("FRI Disaggregated Affiliates") are exercised independently from FRI and from all other investment management subsidiaries of FRI (FRI, its affiliates and the investment management subsidiaries of FRI other than FRI Disaggregated Affiliates are collectively, "FRI Aggregated Affiliates").
Furthermore, internal policies and procedures of, on the one hand, FRI Disaggregated Affiliates, and, on the other hand, FRI, establish informational barriers that prevent the flow among, on the one hand, FRI Disaggregated Affiliates (including preventing the flow between such entities), and, on the other hand, the FRI Aggregated Affiliates, of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, FRI Disaggregated Affiliates report the securities over which they hold investment and voting power separately from the FRI Aggregated Affiliates for purposes of Section 13 of the Act.
Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI. The Principal Shareholders may be deemed to be, for purposes of Rule 13d-3 under the Act, the beneficial owners of securities held by FRI. The Principal Shareholders disclaim any pecuniary interest in any such securities. In addition, the filing of this report on behalf of the Principal Shareholders should not be construed as an admission that either of them is, and each disclaims that he is, the beneficial owner, as defined in Rule 13d-3, of any of the Securities.
FRI, its affiliates and the Principal Shareholders believe that they are not a group within the meaning of Rule 13d-5 under the Act and that they are not otherwise required to attribute to each other the beneficial ownership of any securities held by any of them or by any persons or entities for whom or for which a FRI affiliate provides investment management services.