Medley Capital Corporation: Medley Capital Corporation Closes $20 million of Additional Commitments to its Credit Facility,

 Medley Capital Corporation: Medley Capital Corporation Closes $20 million of
Additional Commitments to its Credit Facility, Increases Total Commitments to
                                 $365 million

NEW YORK, NY (September 26, 2013) - Medley Capital Corporation (NYSE: MCC)
(the "Company") today announced the closing of an additional $20 million of
commitments to its senior secured revolving and term loan credit facilities
(the "Credit Facility"). Total commitments to the Credit Facility are $365
million, comprised of $245 million committed to the revolving credit facility
and $120 million committed to the term loan facility. The Credit Facility
provides for an aggregate accordion feature permitting subsequent increases to
the Credit Facility up to an aggregate maximum amount of $400 million. The
Credit Facility was arranged and led by ING Capital LLC.


The Company is an externally-managed, non-diversified closed-end management
investment company that has filed an election to be treated as a business
development company under the Investment Company Act of 1940, as amended. The
Company's investment objective is to generate both current income and capital
appreciation, primarily through investments in privately negotiated debt and
equity securities of middle market companies. The Company is a direct lender
targeting private debt transactions ranging in size from $10 to $50 million to
borrowers principally located in North America. The Company's investment
activities are managed by its investment adviser, MCC Advisors LLC, which is
an investment adviser registered under the Investment Advisers Act of 1940, as


MCC Advisors LLC, an affiliate of Medley LLC ("Medley"), is a registered
investment adviser under the Investment Advisers Act of 1940, as amended.
Medley specializes in credit investing, including direct private lending and
corporate credit related strategies and provides first lien, second lien and
unitranche term loans to lower middle-market and middle-market companies with
an investment size between $7-50 million. Medley will support acquisition and
growth financings, leveraged buyouts, management buyouts, bank debt
restructurings, CAPEX, Chapter 11 exit financing and DIP financing.Medley is
headquartered in New York with offices in San Francisco.


ING Capital LLC is an indirect U.S. subsidiary of ING Bank NV, which is part
of the global financial services company ING Group. ING Bank NV has 67,000
employees serving its clients through its extensive global network in the
world's major financial services markets. ING Capital has built a leading
position in corporate lending. The Investment Industry Finance (IIF) group at
ING Capital offers a broad range of structured finance solutions to its
clients active in the Investment Industry, including BDCs.

SOURCE: Medley Capital Corporation

Richard Allorto, 212-759-0777


This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.

Source: Medley Capital Corporation via Thomson Reuters ONE
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