NEW
YORK, Aug. 2, 2023 /PRNewswire/
-- Neuberger Berman Energy Infrastructure and Income Fund Inc.
(NYSE American: NML) (the "Fund") announced today that it
has amended its revolving credit facility (the "Facility") to
increase the amount of available debt financing in order to bring
it more in line with the Fund's current asset level. Under the
amended terms of the Facility, the lender's total commitment
increased from $100 million to
$125 million, the commitment fee was
lowered and the duration of the Facility was extended, among other
changes.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent,
employee-owned investment manager. The firm manages a range of
strategies—including equity, fixed income, quantitative and
multi-asset class, private equity, real estate and hedge funds—on
behalf of institutions, advisors and individual investors globally.
Neuberger Berman's investment philosophy is founded on active
management, engaged ownership and fundamental research, including
industry-leading research into material environmental, social and
governance factors. Neuberger Berman is a PRI Leader, a designation
awarded to fewer than 1% of investment firms. With offices in 26
countries, the firm's diverse team has over 2,750 professionals.
For nine consecutive years, Neuberger Berman has been named first
or second in Pensions & Investments Best Places to Work in
Money Management survey (among those with 1,000 employees or more).
The firm manages $443 billion in
client assets as of June 30, 2023.
For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time
involve risks and uncertainties. Such risks and uncertainties
include, without limitation, the adverse effect from a decline in
the securities markets or a decline in the Fund's performance, a
general downturn in the economy, competition from other closed end
investment companies, changes in government policy or regulation,
inability of the Fund's investment adviser to attract or retain key
employees, inability of the Fund to implement its investment
strategy, inability of the Fund to manage rapid expansion and
unforeseen costs and other effects related to legal proceedings or
investigations of governmental and self-regulatory
organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
View original content to download
multimedia:https://www.prnewswire.com/news-releases/neuberger-berman-energy-infrastructure-and-income-fund-announces-amendment-to-leverage-facility-301892105.html
SOURCE Neuberger Berman
