First Eagle Alternative Capital BDC Announces Redemption of 6.125% Notes due 2023

BOSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) -- First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or the “Company”), a direct lender to middle market companies, today announced that it will redeem all of its outstanding 6.125% Notes due 2023 (the “2023 Notes”), at a redemption price of 100% of the outstanding principal amount of the 2023 Notes, plus accrued and unpaid interest to, but excluding, the date of redemption, December 21, 2021, of approximately $0.35 on each $25 principal amount if redeemed on December 21, 2021.