Franklin BSP Realty Trust, Inc. Announces Pricing of a $1.076 Billion CRE CLO

Core Points - Franklin BSP Realty Trust, Inc. announced the pricing of a $1.076 billion managed Commercial Real Estate Collateralized Loan Obligation named BSPRT 2025-FL12 [1] - The FL12 transaction features a 30-month reinvestment period and an initial advance rate of 88% [1] - The weighted average interest cost for the transaction is set at 1M CME Term SOFR+1.61%, excluding discount and transaction costs [1] - The expected settlement date for the transaction is October 15, 2025 [1]