Private Placement Form 8 K

On November 14, 2024, Franklin BSP Real Estate Debt BDC (the "Company") issued unregistered common shares of beneficial interest in the Company, par value $0.001 per share (the "Shares"), to certain investors pursuant to capital drawdown notices issued by the Company and sent to each of such investors. The offer and sale of the Shares was exempt from the registration requirements of the Securities Act of 1933, as amended, pursuant to Section 4(a)(2) thereof and Regulation D promulgated thereunder. The following table details the amount of Shares sold and consideration therefor: