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THL Credit Senior Loan Fund Declares Initial Monthly Distribution Of $0.119 Per Share

THL Credit Senior Loan Fund (the Fund) ( NYSE:TSLF) today announced its first monthly distribution of $0.119 per common share, payable November 29, 2013. Based on the Fund’s initial public offering price of $20.00 per share and current share price of $19.95 (as of its close on October 29, 2013), the distribution represents an annualized yield of 7.14% and 7.16%, respectively.

The following dates apply to this distribution:

Ex-Dividend Date: November 14, 2013Record Date: November 18, 2013Payable Date: November 29, 2013

The Fund intends to make regular monthly distributions to its shareholders based on its past and projected performance. The Fund will seek to establish a distribution rate that roughly corresponds to the Fund’s projections of the cash flow that could be reasonably expected to be generated by the Fund’s portfolio investments net of Fund expenses, over an extended period of time. As market conditions and portfolio performance may change, the rate of distributions on the shares and the Fund’s distribution policy could change. There can be no assurance that the Fund will be able to regularly declare distributions. Past performance is not a guarantee of future results.

The distribution is expected to be paid from net investment income (regular interest and dividends). The final tax characterization of the dividend may differ substantially from this preliminary information, which is based on estimates, and the final characterization of such amount will be determined in early 2014. If necessary, the Fund will pay an adjusting distribution in December that includes any additional income and net realized capital gains in excess of the monthly distributions for that year to satisfy the minimum distribution requirements of the Internal Revenue Code. In January or February of each year, investors will be sent a Form 1099-DIV for the previous calendar year that will define how to report these distributions for federal income tax purposes.

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