Western Asset Corporate Loan Fund Inc. Announces Liquidating Distribution
24 November 2020 - 12:00AM
Business Wire
Western Asset Corporate Loan Fund Inc. (the “Fund”) (NYSE: TLI)
announced today that the Fund liquidated as planned on November 20,
2020 and the proportionate interests of stockholders in the assets
of the Fund were determined as of that date. The Fund’s liquidating
distribution of $9.2109 per share is anticipated to be paid on or
about November 30, 2020. Prior to the opening of business on
November 23, 2020, the Fund will cease trading on the New York
Stock Exchange.
Western Asset Corporate Loan Fund Inc. is a non-diversified,
closed-end management investment company that is advised by Legg
Mason Partners Fund Advisor, LLC (“LMPFA”), an indirect wholly
owned subsidiary of Franklin Resources, Inc. (“Franklin
Resources”), and is sub-advised by Western Asset Management
Company, LLC, an affiliate of LMPFA and an indirect wholly-owned
subsidiary of Franklin Resources.
Contact the Fund at 1-888-777-0102 for additional information,
or consult the Fund's web site at www.lmcef.com.
Data and commentary provided in this press release are for
informational purposes only. Franklin Resources and its affiliates
do not engage in selling shares of the Fund.
Category: Fund Announcement
Source: Franklin Templeton
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version on businesswire.com: https://www.businesswire.com/news/home/20201123005803/en/
Media: Fund Investor Services-1-888-777-0102
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