Debevoise & Plimpton LLP is advising J.P. Morgan as financial advisor to the special committee of Franklin BSP Lending Corporation (FBLC) in FBLC’s merger with Franklin BSP Capital Corporation (FBCC). For more information, please see the company’s press release.

FBLC is a non-listed business development company with a $2.9 billion investment portfolio at fair value as of June 30, 2023. Its investment portfolio primarily consists of loans to middle-market companies. FBCC is a non-listed business development company with a $796 million investment portfolio at fair value as of June 30, 2023. Its portfolio primarily consists of loans to middle-market companies.

The Debevoise team is led by M&A partner Andrew Bab and includes associate Jacob Dougherty.