THL Credit Closes $508 Million Collateralized Loan Obligation

THL Credit Advisors LLC ("THL Credit" or the “Company”), a leading alternative credit manager, today announced that it has closed on THL Credit Wind River 2018-3, a $508 million collateralized loan obligation ("CLO"), led by Citigroup. THL Credit and its affiliates currently manage 21 CLOs totaling more than $12 billion in assets.

“With the completion of our third and final new issue CLO of 2018, THL Credit has climbed the ranks to become one of the top 15 US CLO managers1 with respect to total CLO assets under management,” said Chris Flynn, CEO of THL Credit. “Our steady, methodical pace of issuance reflects our long-term commitment to the CLO space.”

“Institutional investors continue to make CLO allocations in their portfolios with an emphasis on strong managers like THL Credit,” said Michael A. Herzig, Managing Director of THL Credit. “Citi is a perennial leader in CLO underwriting and they certainly delivered market leading execution for us.”

About THL Credit Advisors LLC

THL 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.  THL Credit maintains a variety of advisory and sub-advisory relationships across its investment platforms, including THL Credit, Inc. (Nasdaq: TCRD), a publicly traded business development company, and THL Credit Senior Loan Fund (NYSE: TSLF), a non-diversified, closed-end management investment company. 

Forward-Looking Statements

Statements made in this press release may constitute forward-looking statements. Such statements reflect various assumptions by the Company concerning anticipated results and are not guarantees of future performance. The accuracy of such statements involves known and unknown risks, uncertainties and other factors that, in some ways, are beyond management’s control, including the factors described from time to time in filings by the Company with the Securities and Exchange Commission. The Company undertakes no duty to update any forward-looking statements made herein. All forward-looking statements speak only as of the date of this press release.

Investor Contact:THL Credit Advisors LLC Michael A. Herzig (212) [e-mail]

Media Contact:StantonDoug Allen(646) [e-mail]

1Source: Based on the aggregate of current CLO deal balances for all U.S. CLOs modeled by Intex Solutions, Inc. (“Intex”) as of 11/5/2018.  CLOs included are from 2012-present.