Medley LLC Received an Investment Grade Corporate Rating of A- from Egan-Jones Rating Company
October 20 2016 - 11:50AM
Medley Management Inc. (“Medley”) (NYSE:MDLY), a credit-focused
asset management firm, today announced that Egan-Jones Rating
Company assigned Medley LLC, its operating company, an investment
grade corporate rating of “A-“ and a rating of “A-” to Medley LLC
‘s Unsecured Notes.
This press release does not constitute an offer to sell or the
solicitation of an offer to buy, nor will there be any sale of, the
notes referred to in this press release in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to the registration or qualification under the
securities laws of such state or jurisdiction.
About Medley
Medley is a credit-focused asset management firm offering yield
solutions to retail and institutional investors. Medley's national
direct origination franchise, with over 80 people, is a premier
provider of capital to the middle market in the U.S. Medley has
over $5 billion of assets under management in two
business development companies, Medley Capital
Corporation (NYSE:MCC) and Sierra Income Corporation, as
well as private investment vehicles. Over the past 14 years, we
have provided in excess of $6 billion of capital to over
300 companies across 35 industries in North America. For
additional information, please visit Medley Management
Inc. at www.mdly.com.
Forward-Looking Statements
Statements included herein may contain
“forward-looking statements”. Statements other than statements of
historical facts included in this press release may constitute
forward-looking statements and are not guarantees of future
performance or results and involve a number of assumptions, risks
and uncertainties, which change over time. Actual results may
differ materially from those anticipated in any forward-looking
statements as a result of a number of factors, including those
described from time to time in filings by Medley and Medley
LLC with the Securities and Exchange Commission. Except as
required by law, Medley and Medley LLC undertake no duty
to update any forward-looking statement made herein. All
forward-looking statements speak only as of the date of this press
release.
Investor Relations Contact:Sam Anderson212-759-0777Head of
Capital Markets & Risk ManagementMedley Management Inc.Medley
LLC
Media Contact:Liz Bruce212-498-9197Fitzroy Communications
Medley Management Inc.
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