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Fitch Affirms Franklin Universal Trust Notes at 'AAA'

Aug 20, 2014
Click here to access Fitch Affirms Franklin Universal Trust Notes at 'AAA'

Fitch Ratings-New York-27 August 2014: Fitch Ratings has affirmed the 'AAA' rating assigned to the following notes issued by Franklin Universal Trust (NYSE: FT), a leveraged multi-sector closed-end fund advised by Franklin Advisers, Inc. (Franklin):

--$60,000,000 of 2.87% senior notes, due Aug. 28, 2018.

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Fitch Ratings

Dual-headquartered in New York and London, Fitch Ratings is a global rating agency dedicated to providing value beyond the rating through independent and prospective credit opinions, research, and data. Offering a world of knowledge and experience behind every opinion, we transform information to deliver meaning and utility to investors, issuers, and other market participants. Fitch Ratings’ global expertise draws on local market knowledge and spans the fixed-income universe. The additional context, perspective and insights we provide help investors make important credit judgments with confidence.

Website: www.fitchratings.com