SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for February 2022

Rhea-AI Summary

SLR Senior Investment Corp. (NASDAQ: SUNS) announced a monthly distribution of $0.10 per share for February 2022, payable on March 1, 2022, to stockholders of record by February 17, 2022. The specific tax characteristics of this distribution will be reported on Form 1099 at year-end. This closed-end investment company specializes in investing in leveraged, middle market companies primarily through cash flow senior secured loans. The firm acknowledges several risks including those related to COVID-19 and market volatility that may impact future performance.

Positive

• Declared monthly distribution of $0.10 per share, indicating ongoing cash flow.
• Distribution demonstrates commitment to returning value to shareholders.

Negative

• Potential risks from COVID-19 and market volatility could affect performance.

NEW YORK, Feb. 03, 2022 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS), today declared a distribution of $0.10 per share for the month of February 2022. The distribution is payable on March 1, 2022 to stockholders of record as of February 17, 2022. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year.

ABOUT SLR SENIOR INVESTMENT CORP.

SLR Senior Investment Corp. is a closed-end investment company that has elected to be treated as a business development company under the Investment Company Act of 1940. A specialty finance company with expertise in several niche markets, the Company generally invests directly and indirectly in leveraged, U.S. middle market companies primarily in the form of cash flow senior secured loans, including first lien loans, and asset-based loans collateralized on a first lien basis primarily by current assets.

FORWARD-LOOKING STATEMENTS

Statements included herein may constitute “forward-looking statements,” which relate to future events or our future performance or financial condition. These statements are not guarantees of future performance, condition or results and involve a number of risks and uncertainties, including the impact of COVID-19 and related changes in base interest rates and significant market volatility on our business, our portfolio companies, our industry and the global economy. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in our filings with the Securities and Exchange Commission. SLR Senior Investment Corp. undertakes no duty to update any forward-looking statements made herein, unless required to do so by law.

Contact:
SLR Senior Investment Corp.
Investor Relations
646-308-8770

FAQ

What is the distribution amount announced by SUNS for February 2022?

SLR Senior Investment Corp. declared a distribution of $0.10 per share for February 2022.

When will the distribution for SUNS be paid?

The distribution will be payable on March 1, 2022.

Who will receive the distribution from SUNS?

The distribution will be paid to stockholders of record as of February 17, 2022.

What types of investments does SLR Senior Investment Corp. focus on?

SLR Senior Investment Corp. primarily invests in leveraged, U.S. middle market companies through cash flow senior secured loans.

What risks are associated with the performance of SUNS?

Risks include the impact of COVID-19, changes in interest rates, and significant market volatility.