Sierra Income Corporation Announces Q4 2014 Distributions

NEW YORK, NY (September 3, 2014) – Sierra Income Corporation (“Sierra” or the “Company”) today announced that its Board of Directors declared a series of semi-monthly distributions for October, November and December 2014 of $0.03333 per share. Stockholders of record as of each respective record date will be entitled to receive the distribution. Below are the details for each respective distribution;

                                    Amount Per Share 

  

Record Date  

 

Payment Date

                                  $0.03333              

 

October 15, 2014

 

October 31, 2014

                                  $0.03333              

 

October 31, 2014

 

October 31, 2014

                                  $0.03333              

 

November 14, 2014

 

November 28, 2014

                                  $0.03333              

 

November 28, 2014

 

November 28, 2014

                                  $0.03333              

 

December 15, 2014

 

December 31, 2014

                                  $0.03333              

 

December 31, 2014

 

December 31, 2014

About Sierra Income Corporation

Sierra is a non-traded Business Development Company (“BDC”) that invests primarily in first lien senior secured debt, second lien secured debt and, to a lesser extent, subordinated debt of middle market companies in a broad range of industries with annual revenue between $50 million and $1 billion. The Company’s investment objective is to generate current income, and to a lesser extent, long-term capital appreciation. Sierra’s investment activities are managed by its investment adviser, SIC Advisors, LLC, which is an investment adviser registered under the Investment Advisers Act of 1940, as amended.

About SIC Advisors LLC

SIC Advisors LLC is an affiliate of Medley LLC (“Medley”). Medley invests in middle market companies with $50 million to $1 billion in revenues through direct private lending and corporate credit investment strategies. Medley has in excess of $3.3 billion of investable capital in business development companies, Medley Capital Corporation (NYSE: MCC) and the Sierra Income Corporation, and private investment vehicles. Over the past 12 years, Medley has invested in excess of $4.4 billion to help over 260 companies grow across 35 industries in North America.