Priority Income Fund Announces Redemption of its 6.625%
From GlobeNewswire: 2025-05-12 16:01:00
Priority Income Fund, Inc. announced the redemption of all outstanding shares of its 6.625% Series F Term Preferred Stock Due 2027 at a price of $25 per share, plus accrued dividends. The redemption date is set for June 11, 2025. Following redemption, the Fund will have other outstanding preferred stock shares. The Series F Preferred Shares are held through The Depository Trust Company and will be redeemed accordingly. This press release does not serve as a notice of redemption under the articles supplementary governing the shares. For more information, visit https://www.priorityincomefund.com or call (212) 448-0702.
Prospect Capital Management L.P., the Fund’s investment adviser, has over 37 years of experience in managing high-yielding debt and equity investments. Prospect has over $8.3 billion in assets under management as of December 31, 2024. Forward-looking statements in this press release regarding the future performance of Priority Income Fund, Inc. may be affected by future events and conditions. Actual developments and results are likely to differ from forward-looking statements, and the Fund undertakes no obligation to update or revise them.
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