Press Release: Franklin Universal Trust Refinances Senior Fixed Rate Notes

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Franklin Universal Trust , a closed-end investment company managed by Franklin Advisers, Inc., today announced that the Trust has refinanced its 5.87% senior fixed rate notes due August 28, 2013.

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Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., today announced that the Trust has refinanced its 2.87% senior fixed rate notes due August.

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San Mateo, CA, August 28, 2018 — Franklin Universal Trust [NYSE:FT], a closed-end investment company managed by Franklin Advisers, Inc., today announced that the Trust has refinanced its 2.87% senior fixed rate notes due august 28, 2018, which had an outstanding principal balance of $60 million.

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