First Eagle Senior Loan Fund Announces Initial Liquidating Distribution
13 July 2021 - 7:51AM
First Eagle Senior Loan Fund (the "Fund") (formerly NYSE: FSLF)
today announced its initial liquidating distribution to its
shareholders.
On or about July 16, 2021, the Fund will
distribute $83,315,253, or $11.23 per share, in a cash liquidating
distribution to shareholders entitled to such distribution. This
represents a return to shareholders of 71.3% of the Fund's net
asset value per share as of June 30, 2021. The Fund expects to make
one or more additional liquidating distributions prior to its
termination as it completes the liquidation and settlement of its
holdings.
Shareholders may recognize gain or loss for U.S.
tax purposes as a result of the liquidation. Gain or loss will
generally be measured as the difference between the sum of the
liquidating distributions and the shareholder's tax basis in the
shares of the Fund. The Fund does not provide tax advice and
investors should consult their individual tax adviser regarding the
tax treatment applicable to a liquidating distribution and any
other payments received in connection with the liquidation.
About First Eagle Senior Loan
Fund
The Fund is a diversified, closed-end management
investment company that is advised by First Eagle Alternative
Credit, LLC.
About First Eagle Alternative Credit,
LLC
First Eagle Alternative Credit, LLC is an
alternative credit investment manager for both direct lending and
broadly syndicated investments through public and private vehicles,
collateralized loan obligations, separately managed accounts and
co-mingled funds. First Eagle Alternative Credit maintains a
variety of advisory and sub-advisory relationships across its
investment platforms. First Eagle Alternative Credit is a wholly
owned subsidiary of First Eagle Investment Management, LLC.
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. 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. First
Eagle Senior Loan Fund undertakes no duty to update any
forward-looking statements made herein.
Contact the Fund at 1.844.409.6354 or
visit the Fund's website at
http://feacfslf.com for additional
information.
Contact
Andrew Park First Eagle Alternative Credit, LLC
212.829.3126
Kenneth Mintz Stanton Public Relations &
Marketing 516.468.8019
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