Franklin Resources Completes $450 Million Notes Offerings

August 12, 2021

Willkie represented Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton, in the offering of notes due 2051 and 2030.

On August 12, 2021, Franklin Resources, Inc. completed its offering and sale of $350 million aggregate principal amount of its 2.950% Notes due 2051 and an additional $100 million aggregate principal amount of its 1.600% Notes due 2030.

BofA Securities, Inc., Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. acted as representatives of the several underwriters for the offering. The issuance of the 2030 Notes constituted a further issuance of Franklin Resources, Inc.’s 1.600% Notes due 2030, of which $750 million was issued on October 19, 2020.

The Willkie team was led by partners David Boston and Laura Acker and included associates Gregory Bekiaris, John DiNapoli, John-Daniel Kelley and Brannock Furey.