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FRBP

OTC
10.25 USD
0.45
4.21%
Last update May 30, 9:55 AM EDT
Market closed
Day range
10.25
10.25
Previous close
10.70000
Open
10.25
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Franklin BSP Capital Corp
10.25
0.45
4.21%

Overview

Description

Franklin BSP Capital Corp operates as a business development company (BDC), a type of investment vehicle primarily focused on providing financial solutions to middle-market companies. Its primary function is to facilitate growth and development by supplying capital in the form of loans and equity investments. This plays a crucial role in the financial ecosystem by supporting enterprises that may not have easy access to traditional funding sources. Through its strategic investments, Franklin BSP Capital Corp assists companies across various sectors, including technology, healthcare, industrials, and consumer goods, thereby diversifying its portfolio and reducing sector-specific risks. The company is known for its ability to tailor financial products to meet the unique needs of each business it invests in, often contributing to the long-term success and sustainability of its partners. In the broader market landscape, Franklin BSP Capital Corp is significant as it not only aids in the growth and stability of mid-sized companies but also offers investors exposure to private debt and equity markets. This contributes to enhancing overall economic dynamism by bridging the gap between venture capital and large-scale public offerings.

About

CEO
Mr. Richard Jan Byrne
Employees
0
Address
1 Madison Avenue
Suite 1600
New York, 10010, NY
United States
Phone
212 588 6770
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
PINX
Market closed

Exchange is currently closed
Pre-market opens in 43 minutes

05:16
00:00
09:30
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23:59

Trading Hours (Monday - Friday):

Pre-market
06:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).