Additional Proxy Soliciting Materials (Form DEFA14A)

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

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SCHEDULE 14A

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Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. )

Check the appropriate box:

FRANKLIN BSP CAPITAL CORPORATION

(Name of Registrant as Specified in its Charter)

______________________________________________________________
(Name of Person(s) Filing Proxy Statement, if Other Than the Registrant)

Payment of Filing Fee (Check all boxes that apply):

Your vote is needed! Our Board of Directors recommends that you respond to this solicitation by voting FOR the proposals in the enclosed proxy materials. Dear Fellow Stockholder: We are pleased to invite you to participate in the Annual Meeting of Stockholders to be held virtually on June 5, 2026. Your participation is needed to approve the proposals outlined in the enclosed proxy statement. We kindly request that you review these materials carefully and cast your vote by proxy in advance of the meeting date to ensure that a quorum is reached. In addition to asking shareholders to elect directors, you will be asked to consider and vote on a proposal to authorize the company, with approval of the Board of Directors, to sell or otherwise issue shares of FBCC common stock at a price below its then current net asset value ("NAV") per share, provided that number of shares issued does not exceed 25% of its then outstanding common stock. While we have no immediate plans to issue any shares of common stock below NAV, we are seeking shareholder approval now in order to provide flexibility in the future to issue shares of its common stock below NAV per share, which typically must be undertaken quickly. Your vote and participation are very important to us, no matter how many or few shares you own. We encourage you to vote your shares using any one of the methods described below. Your prompt response will help us meet stockholder approval requirements before the meeting, thereby reducing the risk of postponement and additional solicitation costs. If you have any questions about voting, please call our proxy solicitor, Broadridge, at 1-844-302-3128. Sincerely, FOUR WAYS TO VOTE PROXY QUESTIONS? Call 1-844-302-3128 ONLINE WWW.PROXYVOTE.COM/FBCC Please have your proxy card in hand when accessing the website. There are easy-to-follow directions to help you complete the electronic voting instruction form. PHONE WITHOUT A PROXY CARD Call 1-844-302-3128Monday to Friday, 9:00 a.m. to 10:00 p.m. ET to speak with a proxy specialist. WITH A PROXY CARDCall 1-800-690-6903 with a touch-tone phone to vote using an automated system. QR CODE WITH A SMARTPHONE Vote by scanning the Quick Response Code or "QR Code" on the Proxy Card/VIF enclosed. MAIL VOTE PROCESSING Mark, sign and date your ballot and return it in the postage-paid envelope provided. P49669-LTR