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8-K - Portman Ridge Finance Corp | v205258_8k.htm |
Exhibit
99.1
Kohlberg Capital Corporation Declares
2010 Fourth Quarter Dividend of $0.17 Per Share
NEW YORK, Dec. 13, 2010 (GLOBE NEWSWIRE)
-- Kohlberg Capital Corporation (Nasdaq:KCAP) ("Kohlberg Capital") today
announced that its Board of Directors has declared a cash dividend of $0.17 per
share on shares of its common stock for the quarter ended December 31, 2010. The
dividend is payable on January 29, 2011 to shareholders of record as of December
24, 2010.
We have adopted a dividend reinvestment
plan ("DRIP") that provides for reinvestment of our dividends on behalf of our
stockholders, unless a stockholder elects to receive cash. As a result, if we
declare a cash dividend, our stockholders who have not "opted out" of our
dividend reinvestment plan will have their cash dividends automatically
reinvested in additional shares of our common stock, rather than receiving the
cash dividends. Please contact your broker or other financial intermediary
for more information regarding the DRIP.
About Kohlberg Capital Corporation
(KCAP):
Kohlberg Capital Corporation is a
publicly traded, internally managed business development company. Our
middle market investment business originates, structures, finances and manages a
portfolio of term loans, mezzanine investments and selected equity securities in
middle market companies. Our wholly-owned portfolio company, Katonah Debt
Advisors, manages CLO Funds that invest in broadly syndicated corporate term
loans, high-yield bonds and other credit instruments.
Kohlberg Capital Corporation's filings
with the Securities and Exchange Commission, earnings releases, press releases
and other financial, operational and governance information are available on the
Company's website at www.kohlbergcapital.com.
The Kohlberg Capital logo is available
at http://www.globenewswire.com/newsroom/prs/?pkgid=3121
CONTACT:
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Kohlberg Capital
Corporation
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Denise Rodriguez, Investor
Relations
(212) 455-8300
info@kohlbergcapital.com
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