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Franklin BSP Realty Trust Issues $107M in Senior Notes

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Franklin BSP Realty Trust Issues $107M in Senior Notes

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Franklin BSP Realty Trust ( (FBRT) ) just unveiled an announcement.

On June 20, 2025, Franklin BSP Realty Trust, Inc. announced the issuance of $107 million in unsecured senior notes through its operating partnership, FBRT OP LLC. The issuance includes $82 million of fixed-rate notes due in 2030 and $25 million of floating-rate notes due in 2028. The proceeds are expected to be used for general corporate purposes, potentially including the acquisition of NewPoint Holdings JV LLC. The notes were offered to qualified institutional buyers and accredited investors under specific regulatory exemptions, and they will not initially be registered under the Securities Act.

The most recent analyst rating on (FBRT) stock is a Buy with a $16.00 price target. To see the full list of analyst forecasts on Franklin BSP Realty Trust stock, see the FBRT Stock Forecast page.

Spark’s Take on FBRT Stock

According to Spark, TipRanks’ AI Analyst, FBRT is a Neutral.

FBRT’s stock score reflects a mixed financial outlook with strengths in operational efficiency and strategic growth initiatives. However, the company faces significant challenges in revenue stability, cash flow consistency, and technical indicators suggest a bearish trend. The valuation is supported by a high dividend yield, though concerns about dividend sustainability weigh on the stock’s attractiveness. The earnings call highlighted both opportunities and risks, contributing to a balanced yet cautious overall assessment.

To see Spark’s full report on FBRT stock, click here.

More about Franklin BSP Realty Trust

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) is a real estate investment trust that originates, acquires, and manages a diversified portfolio of commercial real estate debt secured by properties located in the United States. As of March 31, 2025, FBRT had approximately $5.7 billion of assets and is externally managed by Benefit Street Partners L.L.C., a wholly owned subsidiary of Franklin Resources, Inc.

Average Trading Volume: 563,595

Technical Sentiment Signal: Sell

Current Market Cap: $902.4M

See more data about FBRT stock on TipRanks’ Stock Analysis page.

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