First Eagle Alternative Capital BDC announces

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BOSTON, November 23, 2021 (GLOBE NEWSWIRE) – In a statement issued under the same title earlier today by First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD), please note that in the first paragraph, the date of redemption should be on December 22, 2021, not December 21, 2021. The corrected version follows:

First Eagle Capital Alternative BDC, Inc. (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or the “Company”), a direct lender to mid-market companies, today announced that it will repurchase all of its outstanding 6.125% notes due in 2023 (the “2023 Notes”), at a redemption price of 100% of the unpaid principal of the 2023 Notes, plus accrued and unpaid interest up to the redemption date, but excluding, on December 22, 2021, of approximately $ 0.35 on every $ 25 principal amount if it is repaid on December 22, 2021.

The 2023 Bonds are currently traded on the New York Stock Exchange under the symbol “FCRW” (CUSIP # 26943B 209).

As specified in the redemption notice relating to the redemption of the 2023 Notes, payment of the redemption price will be made upon presentation and delivery of the 2023 Notes for reimbursement to the paying agent, US Bank, Corporate Trust Services, in hand or courier (including overnight mail) at 111 Fillmore Avenue E, St. Paul, MN 55107.

About First Eagle Alternative Capital BDC, Inc.

First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) is a closed-end investment company that elected to be treated as a business development company under the 1940 law. The investment objective of the Company is to generate both current income and capital appreciation, primarily through investments in privately traded debt and equity securities of mid-market companies. The Company is a direct lender to mid-market enterprises and invests primarily in directly issued senior secured loans, including unitranche investments. In some cases, the Company also makes second secured loans and investments in subordinated or mezzanine debt, which may include an associated equity component such as warrants, preferred shares or other similar securities and bonds. -direct investments in shares. The Company targets investments primarily in mid-market companies with annual EBITDA generally between $ 5 million and $ 25 million. The company is headquartered in Boston, with additional assembly teams in Chicago, Dallas, Los Angeles and New York. The investment activities of the Company are managed by First Eagle Alternative Credit, LLC, an investment adviser registered under the Investment Advisers Act of 1940.

Forward-looking statements

Statements made in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements reflect various assumptions of the Company regarding expected results. and do not constitute guarantees. future performance. These statements can be identified by the use of words such as “prospect”, “believes”, “expects”, “possible”, “continue”, “could”, “will”, “should”, “research” “,” About, “” predicted “,” intends “,” plans “,” estimates “,” anticipates “or the negative version of these or other comparable words. These statements include, but are not limited to limit, projected financial performance, expected development of the company, early share buybacks or their absence, plans and expectations regarding future investments, plans and expectations regarding future offers of the Company, including takeover bids, anticipated dividends and future liquidity of the business. The accuracy of these statements involves known and unknown risks, uncertainties and other factors which, in some respects, are beyond the control of management , including the risk factors described from time to time in documents filed by the Company with the Securities and Exchange Commission (the “SEC”). These factors include: introduction, withdrawal, success and timing of business initiatives and strategies; changes in political, economic or industrial conditions, the impact of COVID-19 and the availability of effective vaccines, the interest rate environment or financial and financial markets, which could result in changes in the value of our assets; the relative and absolute investment performance and operations of our investment advisor; the impact of increased competition; the impact of future acquisitions and disposals; unfavorable resolution of legal proceedings; our business outlook and the outlook for the companies in our portfolio; the impact, extent and timing of technological changes and the adequacy of intellectual property protection; the impact of legislative and regulatory actions and reforms and of regulatory, supervisory or enforcement actions by government agencies concerning us or the Advisor; the advisor’s ability to identify suitable investments for us and to monitor and administer our investments; our contractual arrangements and our relationships with third parties; any future funding from us; the advisor’s ability to attract and retain highly talented professionals; fluctuations in foreign currency exchange rates; the impact of changes in tax legislation and, in general, our tax situation; our ability to exit a controlling investment in a timely manner; and the ability to fund the unfunded liabilities of Logan JV to the extent approved by each member of the Logan JV investment committee.

The Company assumes no obligation to update any forward-looking statements contained in this document. All forward-looking statements speak only as of the date of this press release.

Investor contact:
Eagle’s First Alternative Credit, LLC
C. Leigh Crosby (212) 829-3105
[email protected]

Media contact:
Public Relations and Marketing Stanton, LLC
Charlyn lusk
(646) 502-3549
[email protected]

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