THL Credit Schedules Second Quarter Earnings Release And Conference Call

BOSTON, July 19, 2010 (GLOBE NEWSWIRE) -- THL Credit, Inc. (Nasdaq:TCRD), a leading provider of junior debt and equity to middle-market companies, today announced that it will report its financial results for its fiscal second quarter 2010 after the market closes on August 9, 2010. The company will host a conference call to discuss these results on August 10, 2010, at 1 p.m. Eastern Daylight Time. The conference call will be led by James K. Hunt, chief executive officer, and Terrence W. Olson, chief operating officer and chief financial officer.

For those wishing to participate by telephone, dial (877) 375-9141 (domestic) or (253) 237-1151 (international). Use passcode 88374972. The company will also broadcast the conference call live via its Website at www.thlcredit.com. Starting approximately two hours after the conclusion of the call, a replay will be available through August 24, 2010 via the company's Website.

About THL Credit

THL Credit is an externally-managed, non-diversified closed-end management investment company that has filed an election to be treated as a business development company (BDC) under the Investment Company Act of 1940. THL Credit's investment objective is to generate both current income and capital appreciation, primarily through investments in privately negotiated debt and equity securities of middle market companies. THL Credit invests primarily in private subordinated debt, or mezzanine debt, in middle market companies with annual revenues of between $25 million and $500 million that require capital for growth and acquisitions. Such investments in many cases include an associated equity component such as warrants, preferred stock or other similar securities. THL Credit's investment activities are managed by THL Credit Advisors LLC, an investment adviser registered under the Investment Advisers Act of 1940.

Forward-Looking Statements

Statements made in this press release may constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and subject to the Safe Harbor Provision of the Private Securities Litigation Reform Act of 1995. Such statements reflect various assumptions by THL Credit 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 THL Credit with the Securities and Exchange Commission. THL Credit undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
CONTACT:  THL Credit, Inc.          Investor Contact:          Terrence W. Olson, COO & CFO          1-800-450-4424          Sard Verbinnen & Co          Media Contact:          Michael Henson          212-687-8080

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