Priority Income Fund Announces Preferred Stock Distributions for September 2020
NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — Priority Income Fund, Inc. (“Priority Income Fund” or the “Fund”) is pleased to announce the declaration of distributions on shares of the Fund’s 6.375% Series A Term Preferred Stock due 2025 (“Series A”), 6.25% Series B Term Preferred Stock due 2023 (“Series B”), 6.625% Series C Term Preferred Stock due 2024 (“Series C), 7.00% Series D Term Preferred Stock due 2029 (“Series D”), 6.375% Series E Term Preferred Stock due 2024 (“Series E”) and 6.625% Series F Term Preferred Stock due 2027 (“Series F”).
About Priority Income Fund
Priority Income Fund, Inc., is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations (“CLOs”). Such loans will generally have a floating interest rate and include a first lien on the assets of the respective borrowers, which typically are private and public companies based in the United States. The Fund is managed by Priority Senior Secured Income Management, LLC, which is owned 50% by Prospect Capital Management L.P. For more information, visit priorityincomefund.com.About Prospect Capital Management L.P.
Headquartered in New York City, Prospect is an SEC-registered investment adviser that, along with its predecessors and affiliates, has a more than 30-year history of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of approximately 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect, together with its affiliates, has $5.8 billion of assets under management as of March 31, 2020. For more information, call 212.448.0702 or visit prospectcapitalmanagement.com.About Preferred Capital Securities, LLC
About Priority Income Fund
Priority Income Fund, Inc., is a registered closed-end fund that was created to acquire and grow an investment portfolio primarily consisting of senior secured loans or pools of senior secured loans known as collateralized loan obligations (“CLOs”). Such loans will generally have a floating interest rate and include a first lien on the assets of the respective borrowers, which typically are private and public companies based in the United States. The Fund is managed by Priority Senior Secured Income Management, LLC, which is owned 50% by Prospect Capital Management L.P. For more information, visit priorityincomefund.com.About Prospect Capital Management L.P.
Headquartered in New York City, Prospect is an SEC-registered investment adviser that, along with its predecessors and affiliates, has a more than 30-year history of investing in and managing high-yielding debt and equity investments using both private partnerships and publicly traded closed-end structures. Prospect and its affiliates employ a team of approximately 100 professionals who focus on credit-oriented investments yielding attractive current income. Prospect, together with its affiliates, has $5.8 billion of assets under management as of March 31, 2020. For more information, call 212.448.0702 or visit prospectcapitalmanagement.com.About Preferred Capital Securities, LLC
