SLR Senior Investment Corp. Announces Monthly Distribution of $0.10 Per Share for July 2021

Rhea-AI Summary

SLR Senior Investment Corp. (NASDAQ: SUNS) announced a $0.10 per share distribution for July 2021. This distribution is payable on August 3, 2021 to stockholders of record as of July 22, 2021. The company, which operates as a closed-end investment firm under the Investment Company Act of 1940, invests primarily in leveraged U.S. middle-market companies through senior secured loans. Shareholders will receive a Form 1099 reporting the tax characteristics of the distribution after the calendar year.

Positive

• Declared a stable monthly distribution of $0.10 per share, indicating consistent returns for investors.
• Operates as a business development company with a focus on senior secured loans, potentially reducing risk.

Negative

• Forward-looking statements highlight risks related to COVID-19 and market volatility, which may impact future performance.

NEW YORK, July 07, 2021 (GLOBE NEWSWIRE) -- SLR Senior Investment Corp. (the “Company”) (NASDAQ: SUNS) declared a distribution of $0.10 per share for the month of July 2021. The distribution is payable on August 3, 2021 to stockholders of record as of July 22, 2021. 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 declared by SLR Senior Investment Corp. for July 2021?

SLR Senior Investment Corp. declared a distribution of $0.10 per share for July 2021.

When is the distribution payable for SLR Senior Investment Corp.?

The distribution is payable on August 3, 2021.

What is the record date for the distribution by SLR Senior Investment Corp.?

The record date for the distribution is July 22, 2021.

What type of company is SLR Senior Investment Corp.?

SLR Senior Investment Corp. is a closed-end investment company and a business development company.

What risks are associated with SLR Senior Investment Corp.'s future performance?

Risks include the impact of COVID-19 and significant market volatility.