{"id":386624,"date":"2020-11-23T08:03:33","date_gmt":"2020-11-23T13:03:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=386624"},"modified":"2020-11-23T08:03:33","modified_gmt":"2020-11-23T13:03:33","slug":"western-asset-corporate-loan-fund-inc-announces-liquidating-distribution","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-corporate-loan-fund-inc-announces-liquidating-distribution\/","title":{"rendered":"Western Asset Corporate Loan Fund Inc. Announces Liquidating Distribution"},"content":{"rendered":"

<\/p>\n

Western Asset Corporate Loan Fund Inc. <\/b>Announces Liquidating Distribution<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nWestern Asset Corporate Loan Fund Inc. (the \u201cFund\u201d) (NYSE: TLI) announced today that the Fund liquidated as planned on November 20, 2020 and the proportionate interests of stockholders in the assets of the Fund were determined as of that date. The Fund\u2019s liquidating distribution of $9.2109 per share is anticipated to be paid on or about November 30, 2020. Prior to the opening of business on November 23, 2020, the Fund will cease trading on the New York Stock Exchange.\n<\/p>\n

\nWestern Asset Corporate Loan Fund Inc. is a non-diversified, closed-end management investment company that is advised by Legg Mason Partners Fund Advisor, LLC (\u201cLMPFA\u201d), an indirect wholly owned subsidiary of Franklin Resources, Inc. (\u201cFranklin Resources\u201d), and is sub-advised by Western Asset Management Company, LLC, an affiliate of LMPFA and an indirect wholly-owned subsidiary of Franklin Resources.\n<\/p>\n

\nContact the Fund at 1-888-777-0102 for additional information, or consult the Fund’s web site at www.lmcef.com<\/a>.\n<\/p>\n

\nData and commentary provided in this press release are for informational purposes only. Franklin Resources and its affiliates do not engage in selling shares of the Fund.\n<\/p>\n

\nCategory: Fund Announcement\n<\/p>\n

\nSource: Franklin Templeton\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201123005803\/en\/<\/a><\/span><\/p>\n

\nMedia: Fund Investor Services-1-888-777-0102\n<\/p>\n

KEYWORDS:<\/b> New York United States North America<\/p>\n

INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n

MEDIA:<\/b><\/p>\n\n","protected":false},"excerpt":{"rendered":"

Western Asset Corporate Loan Fund Inc. Announces Liquidating Distribution NEW YORK–(BUSINESS WIRE)– Western Asset Corporate Loan Fund Inc. (the \u201cFund\u201d) (NYSE: TLI) announced today that the Fund liquidated as planned on November 20, 2020 and the proportionate interests of stockholders in the assets of the Fund were determined as of that date. The Fund\u2019s liquidating distribution of $9.2109 per share is anticipated to be paid on or about November 30, 2020. Prior to the opening of business on November 23, 2020, the Fund will cease trading on the New York Stock Exchange. Western Asset Corporate Loan Fund Inc. is a non-diversified, closed-end management investment company that is advised by Legg Mason Partners Fund Advisor, LLC (\u201cLMPFA\u201d), an indirect wholly owned … <\/p>\n

Continue reading “Western Asset Corporate Loan Fund Inc. Announces Liquidating Distribution”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-386624","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nWestern Asset Corporate Loan Fund Inc. Announces Liquidating Distribution - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-asset-corporate-loan-fund-inc-announces-liquidating-distribution\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Western Asset Corporate Loan Fund Inc. Announces Liquidating Distribution - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Western Asset Corporate Loan Fund Inc. Announces Liquidating Distribution NEW YORK–(BUSINESS WIRE)– Western Asset Corporate Loan Fund Inc. (the \u201cFund\u201d) (NYSE: TLI) announced today that the Fund liquidated as planned on November 20, 2020 and the proportionate interests of stockholders in the assets of the Fund were determined as of that date. The Fund\u2019s liquidating distribution of $9.2109 per share is anticipated to be paid on or about November 30, 2020. Prior to the opening of business on November 23, 2020, the Fund will cease trading on the New York Stock Exchange. Western Asset Corporate Loan Fund Inc. is a non-diversified, closed-end management investment company that is advised by Legg Mason Partners Fund Advisor, LLC (\u201cLMPFA\u201d), an indirect wholly owned … Continue reading "Western Asset Corporate Loan Fund Inc. 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