Dechert Advises Special Committee to SLR Senior Investment Corp. in Merger with SLR Investment Corp.

Dechert is advising the special committee to SLR Senior Investment Corp. (SUNS) in the agreement to merge SLR Investment Corp. (SLRC) with SUNS. The combined company will trade under the ticker symbol "SLRC" on the Nasdaq Global Select Market. The transaction is subject to various approvals by SLRC and SUNS stockholders and other customary closing conditions and is expected to close in the first half of 2022.

SUNS is a closed-end investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. SUNS primarily invests directly and indirectly in leveraged, U.S. middle market companies primarily in the form of cash flow first lien senior secured debt instruments and asset-based loans including senior secured loans collateralized on a first lien basis primarily by current assets.

SLRC is a closed-end investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. SLRC primarily invests directly and indirectly in leveraged, U. S. middle market companies in the form of cash flow senior secured loans including first lien and second lien debt instruments and asset-based loans including senior secured loans collateralized on a first lien basis primarily by current assets.

The Dechert team advising the special committee to SUNS includes corporate partners Harry S. Pangas and Eric Siegel and associates Ross MacConnell and Gurbir Sandhu.

About Dechert

Dechert is a leading global law firm with 22 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.