American Capital Senior Floating, Ltd. Announces Initial Liquidating Distribution and Provides Update on Estimated Remaining Distributions

NEW YORK--(BUSINESS WIRE)--American Capital Senior Floating, Ltd. (“ACSF” or the “Company”) (NASDAQ:ACSF) announced today that, in connection with the Company’s sale of certain of the Company’s investments pursuant to the Plan of Complete Liquidation and Dissolution of the Company (the “Plan”), the Company’s Board of Directors (the “Board”) has approved an initial liquidating distribution of $8.80 per share (such distribution, the “Initial Liquidating Distribution”) to the Company’s stockholders of record as of the close of business on August 16, 2018 (the “Record Date”) in accordance with the Plan. The payment of the Initial Liquidating Distribution will be made on August 27, 2018. In accordance with the NASDAQ Global Select Market (“NASDAQ”) rules, the ex-dividend date will be August 28, 2018, the first business day following the payment date for the Initial Liquidating Distribution.