DNP Select Income Fund Inc. to Pay in Full Its Series B Senior Secured Notes
DNP Select Income Fund Inc. (NYSE:DNP) (the "Fund"), announced today that the Fund will pay its 3.00% Series B Senior Secured Notes due July 22, 2026 (CUSIP: 23325PA@3) (the "Notes") in full at maturity. The payment will also include regular semi-annual interest due at maturity.
The principal payment will be funded by borrowing under the Fund’s existing credit facility with a major commercial bank. Upon their redemption the Notes will cease and terminate.
About the Fund
DNP Select Income Fund Inc. is a closed-end diversified investment management company whose primary investment objectives are current income and long-term growth of income. The Fund seeks to achieve these objectives by investing primarily in a diversified portfolio of equity and fixed income securities of companies in the public utilities industry. For more information, contact shareholder services at (877) 381-2537, by email at duff@virtus.com, or visit the DNP website, dpimc.com/dnp.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260721361474/en/
For Further Information:
DNP Fund Services
(877) 381-2537
duff@virtus.com