Subject: Monroe Capital Corporation Announces Fourth Quarter And Full Year 2018 Business Development Company Results
From: "Monroe Capital" <[email-masked]>
To: <[email-masked]>
Date: Thu, 07 Mar 2019 12:20:02 -0500

Monroe Capital Corporation BDC (Nasdaq: MRCC) Announces Fourth Quarter and
Full Year 2018 Financial Results

Fourth Quarter 2018 Financial Highlights:
* Paid quarterly dividend of $0.35 per share ($1.40 annualized), our 25th
consecutive quarterly dividend payment and our 19th consecutive quarterly
dividend payment where per share Adjusted Net Investment Income (a non-GAAP
measure described in our press release) met or exceeded our quarterly
dividend per share;
* Current annual cash dividend yield to shareholders of approximately
11.0%^1;
* Shares trading at a Price to NAV of 1.01x^2;
* Net investment income of $7.8 million, or $0.38 per share; and
* Adjusted Net Investment Income of $7.8 million, or $0.38 per share
1. Based on closing share price as of March 6, 2019
2. Based on closing share price as of March 6, 2019 and book value per
share as of December 31, 2018

Full Year 2018 Financial Highlights:
* Net investment income of $31.9 million, or $1.57 per share
* Adjusted Net Investment Income (a non GAAP measure described in our
press release) of $31.9 million, or $1.57 per share
* Net increase in net assets resulting from operations of $5.8 million,
or $0.29 per share

Chief Executive Officer Theodore L. Koenig commented,

“We are pleased to report another quarter of consistent net investment
income, with Adjusted Net Investment Income of $0.38 per share,
representing the 19th straight quarter where per share Adjusted Net
Investment Income met or exceeded our quarterly per share dividend. We have
also made our 25th consecutive quarterly dividend payment to our
shareholders without any reduction in our distributions. As of quarter end,
our portfolio totaled $553.6 million in investments at fair value, which
represented a $71.3 million increase in the portfolio during the fourth
quarter, or about a 15% increase in the quarter, as we utilized additional
leverage capacity available to us after the public debt offering at the end
of the third quarter. The volume of investment activity in the first
quarter of 2019 has remained strong and we have already added
approximately $37.6 million of investments to the portfolio, net of
prepayments, since quarter end. We are also pleased to announce we recently
closed on an amendment and extension of our revolving credit facility,
increasing our immediately available capacity by $55.0 million, extending
the term of the facility another five years and decreasing pricing from
LIBOR plus 2.75% to LIBOR plus 2.375%. This amendment will allow us to
continue to grow our portfolio, expand our leverage, and should positively
contribute to our earnings in future quarters.”

To read the Fourth Quarter Press Release in its entirety, please click on
the following link:

[1]Monroe Capital Corporation 4th Quarter and Full Year 2018 Earnings Press
Release

ABOUT MONROE CAPITAL CORPORATION
Monroe Capital Corporation is a publicly-traded specialty finance company
that principally invests in senior, unitranche and junior secured debt and,
to a lesser extent, unsecured debt and equity investments in middle-market
companies. The Company’s investment objective is to maximize the total
return to its stockholders in the form of current income and capital
appreciation. The Company’s investment activities are managed by its
investment adviser, Monroe Capital BDC Advisors, LLC, which is an
investment adviser registered under the Investment Advisers Act of 1940, as
amended, and an affiliate of Monroe Capital LLC. To learn more about Monroe
Capital Corporation, visit [2]www.monroebdc.com.

ABOUT MONROE CAPITAL LLC
Monroe Capital LLC (“Monroe”) is a private credit asset management firm
specializing in direct lending and opportunistic private credit investing.
Since 2004, the firm has provided private credit solutions to borrowers in
the U.S. and Canada. Monroe’s middle market lending platform provides debt
financing to businesses, special situation borrowers, and private equity
sponsors. Investment types include cash flow, enterprise value and
asset-based loans; unitranche financings; and equity co-investments. Monroe
is committed to being a value-added and user-friendly partner to business
owners, senior management, and private equity and independent sponsors. The
firm is headquartered in Chicago and maintains offices in Atlanta, Boston,
Dallas, Los Angeles, New York, and San Francisco.

Monroe has been recognized by Creditflux as the 2018 Best US Direct Lending
Fund; Global M&A Network as the 2018 Small Middle Markets Lender of the
Year; Private Debt Investor as the 2017 Lower Mid-Market Lender of the
Year; M&A Advisor as the 2016 Lender Firm of the Year; and the U.S. Small
Business Administration as the 2015 Small Business Investment Company
(SBIC) of the Year. For more information, please visit
[3]www.monroecap.com.

For questions about Monroe Capital Corporation, please contact:
Aaron Peck, Chief Financial Officer & Chief Investment Officer
+1 (312) 523-2363
[email-masked]

For investor relations, please contact:
R. Sean Duff, Managing Director
+1 (312) 523-2372
[email-masked]

To learn more about Monroe Capital Corporation, visit [4]www.monroebdc.com

References

1. http://ir.monroebdc.com/news-releases/news-release-details/monroe-capital-corporation-bdc-announces-fourth-quarter-and-0
2. http://www.monroebdc.com/
3. http://www.monroecap.com/
4. http://www.monroebdc.com/
Update Profile:
http://app.icontact.com/icp/mmail-mprofile.php?r=85010466&l=2529&s=8XDF&m=500968&c=867046

This message was sent to [email-masked] from [email-masked]

Monroe Capital
Monroe Capital LLC
311 South Wacker Drive, 64th Floor
Chicago, IL 60606=0