FRANKLIN TEMPLETON INC

1 active facility, size not stated, next covenant test Sep 30, 2026. BEN

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Recent changes

  1. Jul 30, 2026FRANKLIN TEMPLETON INC signs Second Amended and Restated CREDIT AGREEMENT, matures Jul 2031SEC ↗

Net leverage: when the limit steps, and which way the company's ratio has been moving.

3.99x0.79x-2.40x
Tested quarterly140.6%ratio -1.32x, estimated, vs 3.25x limit in force at Jun 30, 20263.25x
Permit the Consolidated Net Leverage Ratio as of the end of any period of four fiscal quarters of the Borrower to be greater than 3.25:1.00.
Read the filing on sec.gov ↗

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Second Amended and Restated CREDIT AGREEMENT

Signed Jul 30, 2026

Committed
n/a
Matures
Jul 2031
Agent
BANK OF AMERICA, N.A.
TrancheSizeMaturesMargin
Revolving credit facilityn/aJul 203163–125 bps

Priced over Term SOFR, floor 0 bps (Revolving credit facility).

LevelConditionMarginUnused fee
Level 1≥ AA- / Aa3 / AA-63 bps5 bps
Level 2A+ / A1 / A+75 bps6 bps
Level 3A / A2 / A88 bps7 bps
Level 4A- / A3 / A-100 bps9 bps
Level 5≤ BBB+ / Baa1 / BBB+125 bps12 bps

§1.01

Lenders: BANK OF AMERICA, N.A., HSBC Bank USA, N.A., Wells Fargo Bank, National Association, Bank of America, N. A., Citibank, N.A., JPMorgan Chase Bank, N.A., Mizuho Bank, Ltd., Royal Bank of Canada, Barclays Bank PLC, Goldman Sachs Bank USA, M&T Bank, Morgan Stanley Bank, N.A.

No amendments on file yet.

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