SHAREHOLDER NOTICE: Brodsky & Smith Announces an Investigation of First Eagle Alternative Capital BDC, Inc. (Nasdaq – FCRD)

BALA CYNWYD – October 4, 2022 /Globe Newswire/ – Law office of Brodsky & Smith announces that it is investigating potential claims against the Board of Directors of First Eagle Alternative Capital BDC, Inc. (“First Eagle BDC” or the “Company”) (Nasdaq – FCRD) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the Company’s agreement to be acquired by Crescent Capital BDC, Inc. (“Crescent BDC”) (Nasdaq – CCAP). Under the terms of the Merger Agreement, on a market value basis, based on the closing stock price of Crescent BDC common stock on October 3, 2022 ($14.89 per share), the transaction represents total consideration for First Eagle BDC stockholders of approximately $145.6 million or $4.86 per share.

The investigation concerns whether the First Eagle BDC Board breached its fiduciary duties to shareholders by failing to conduct a fair process, and whether Crescent BDC is paying too little for the Company.

If you own shares of First Eagle BDC stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire, or Marc L. Ackerman, Esquire at Brodsky & Smith, Two Bala Plaza, Suite 805, Bala Cynwyd, PA 19004, or call toll free 855-576-4847.

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.