JPSL JPMorgan Senior

TIDMJPSL

RNS Number : 8491J

JPMorgan Senior Secured Loan Fd Ltd

22 December 2015

JPMORGAN SENIOR SECURED LOAN FUND LIMITED

(the 'Company')

DISCOUNT CONTROL MECHANISM

22nd December 2015

The discount management provision set out in the Company's prospectus provides that if, as at 31st January 2016, the Shares have on average over the preceding three calendar months traded at a discount in excess of 5 per cent. to the cum income Net Asset Value, the Directors will, subject to any legal requirements, implement a redemption offer, whereby each Shareholder will be offered the opportunity to redeem up to 50 per cent. of their Shares.

The Board is monitoring the average level of the discount to the cum income NAV and has commenced buying back shares into treasury. Although there can be no assurance that the buy-backs alone will prevent the discount widening, the Board will use buy backs to enhance the NAV and reduce discount volatility.

For further information:

   James Saunders Watson           020 7742 8504 

Client Director

james.mr.saunders.watson@jpmorgan.com

   Jonathan Latter                        020 7742 3408 

Company Secretary

jonathan.latter@jpmorgan.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 22, 2015 04:23 ET (09:23 GMT)

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