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8-K - 8-K - MONROE CAPITAL Corp | tv480624_8k.htm |
Exhibit 99.1
Monroe Capital Corporation Announces Fourth Quarter Distribution of $0.35 Per Share
CHICAGO, Ill., December 1, 2017 – Monroe Capital Corporation (the “Company”) (NASDAQ: MRCC) announced today that its Board of Directors has declared a distribution of $0.35 per share for the fourth quarter of 2017, payable on December 29, 2017 to stockholders of record as of December 15, 2017. The Company has adopted a dividend reinvestment plan that provides for reinvestment of distributions on behalf of its stockholders, unless a stockholder elects to receive cash prior to the record date. As a result, when the Company declares a cash distribution, stockholders who have not opted out of the dividend reinvestment plan prior to the record date will have their distribution automatically reinvested in additional shares of the Company’s capital stock. The specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company’s periodic report filed with the Securities and Exchange Commission.
ABOUT MONROE CAPITAL CORPORATION
Monroe Capital Corporation is a publicly-traded specialty finance company that principally invests in senior, unitranche and junior
secured debt and, to a lesser extent, unsecured debt and equity investments in middle-market companies. The Company’s investment
objective is to maximize the total return to its stockholders in the form of current income and capital appreciation. The Company’s
investment activities are managed by its investment adviser, Monroe Capital BDC Advisors, LLC, which is an investment adviser registered
under the Investment Advisers Act of 1940, as amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe Capital
Corporation, visit www.monroebdc.com.
ABOUT MONROE CAPITAL LLC
Monroe Capital LLC (“Monroe”) is a private credit asset management firm
specializing in direct lending and special situations investing. Since 2004, the firm has
provided private credit solutions to borrowers in the U.S. and Canada. Monroe’s middle market lending platform provides senior
and junior debt financing to businesses, special situation borrowers and private equity sponsors. Investment types include unitranche
financings; cash flow, asset based and enterprise value based loans; and equity co-investments. Monroe is committed to being a
value-added and user-friendly partner to business owners, senior management and private equity sponsors. The firm is headquartered
in Chicago and maintains offices in Atlanta, Boston, Dallas, Los Angeles, New York, and San Francisco. Monroe has been recognized
by Global M&A Network as the 2017 Small Middle Markets Lender of the Year; Private Debt Investor as the 2016 Lower Mid-Market
Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small Business Administration as the 2015
Small Business Investment Company (SBIC) of the Year. For more information, please visit monroecap.com.
FORWARD-LOOKING STATEMENTS
This press release may contain certain forward-looking statements. Any such statements, other than statements of historical fact,
are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not
under the Company’s control, and that the Company may or may not have considered; accordingly, such statements cannot be
guarantees or assurances of any aspect of future performance. Actual developments and results are highly likely to vary materially
from these estimates and projections of the future. Such statements speak only as of the time when made, and the Company undertakes
no obligation to update any such statement now or in the future.
SOURCE: Monroe Capital Corporation
Investor Contact: | Aaron D. Peck |
Chief Investment Officer and Chief Financial Officer | |
Monroe Capital Corporation | |
(312) 523-2363 | |
Email: apeck@monroecap.com | |
Media Contact: | Emily Stoermer |
BackBay Communications | |
(617) 391-0801 | |
Email: emily.stoermer@backbaycommunications.com |