LMP Corporate Loan Fund Inc. ("TLI") Announces Distribution Rate for the Month of December 2012

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LMP Corporate Loan Fund Inc. ("TLI") Announces Distribution Rate for the Month of December 2012

NEW YORK--(BUSINESS WIRE)-- LMP Corporate Loan Fund Inc. (NYS: TLI) today announced a monthly distribution of $0.0725 per common share for December 2012. The distribution amount is unchanged from the prior month.

The distribution schedule appears below:

     

Month

Ex-Date

Record Date

Payable Date

Amount

Type

December12/12/201212/14/201212/21/2012$0.0725Income
 

This press release is not for tax reporting purposes but is being provided to announce the amount of the Fund's distribution that has been declared by the Board of Directors. In early 2013, after definitive information is available, the Fund will send shareholders a Form 1099-DIV, if applicable, specifying how the distributions paid by the Fund during the respective calendar year should be characterized for purposes of reporting the distributions on a shareholder's tax return (e.g., ordinary income, long-term capital gain or return of capital).

LMP Corporate Loan Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC ("LMPFA"), a wholly-owned subsidiary of Legg Mason, Inc., and is currently sub-advised by Citigroup Alternative Investments LLC ("CAI"), an indirect wholly-owned subsidiary of Citigroup Inc. Effective December 1, 2012, LMPFA will assume responsibility for the day-to-day management of the Fund's portfolio. Following LMPFA's assumption of the day-to-day management, the Fund will no longer have CAI as its subadviser.

Contact the Fund at 1-888-777-0102 for additional information, or consult the Fund's web site at www.lmcef.com.

Data and commentary provided in this press release are for informational purposes only. Legg Mason and its affiliates do not engage in selling shares of the Fund.



Media:
LMP Corporate Loan Fund Inc.
Maria Rosati, (212)-805-6036
mrosati@leggmason.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

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