THL Credit Senior Loan Fund Announces Shareholder Approval of New Advisory Agreement and Fund Name Change
11 Mayo 2020 - 5:00AM
THL Credit Senior Loan Fund (the "Fund") (NYSE: TSLF), a registered
closed-end investment company, announced today that its
shareholders approved a new advisory agreement (the "New Advisory
Agreement") between the Fund and First Eagle Alternative Credit,
LLC (formerly known as THL Credit Advisors LLC) (the "Adviser") at
the Fund's Annual Meeting of Shareholders held on May 8,
2020. The approval of the New Advisory Agreement follows the
transaction between the Adviser and First Eagle Investment
Management, LLC (“FEIM”) that was consummated in the first quarter
of 2020, whereby the Adviser became a wholly owned subsidiary of
FEIM.
As a result of shareholder approval of the New
Advisory Agreement, the Fund is making a number of related changes,
including changing its name, ticker and quotation symbols, CUSIP
and website. More specifically, the Fund is taking the
following actions:
- changing its name to "First Eagle Senior Loan Fund";
- updating its ticker symbol with the New York Stock Exchange
from "TSLF" to "FSLF", effective May 21, 2020;
- updating its quotation symbol with NASDAQ from "XTSLX" to
"XFSLX", effective May 21, 2020;
- changing its CUSIP to 32010E100; and
- changing its website to www.feacfslf.com.
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. The Fund's investment objective is to provide
current income and preservation of capital primarily through
investments in U.S. dollar denominated senior secured corporate
loans and notes. There can be no assurance that the Fund will
achieve its investment objective. THL, THL Credit, and the THL
Credit logo mark are the proprietary names and marks of Thomas H.
Lee Partners, L.P., an independently operated entity, and used with
permission.
About First Eagle Alternative Credit,
LLC
First Eagle Alternative Credit 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 ParkFirst Eagle Alternative Credit,
LLC212.829.3126
THL Credit Senior Loan (NYSE:TSLF)
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