Priority Income Fund Announces Redemption of $19.5 Million of its 6.000% Series J Term Preferred Stock Due 2028

Core Viewpoint - Priority Income Fund, Inc. will redeem 790,000 of its 6.000% Series J Term Preferred Stock due 2028 at a price of $25 per share, with the redemption date set for February 25, 2026 [1][2]. Group 1: Redemption Details - The redemption price includes accrued but unpaid dividends from December 31, 2025, until the redemption date [1]. - Dividends on the redeemed shares will cease to accumulate after the redemption date, and holders will only retain the right to receive the redemption price [2]. - The shares will be redeemed according to the procedures of The Depository Trust Company, selected by lot [3]. Group 2: Fund Structure - After the redemption, the Fund will have outstanding shares of 7.00% Series D Term Preferred Stock due 2029, 7.000% Series K Cumulative Preferred Stock, and 6.375% Series L Term Preferred Stock due 2029 [4]. Group 3: Company Overview - Priority Income Fund, Inc. is a registered closed-end fund focused on acquiring and growing a portfolio of senior secured loans and collateralized loan obligations (CLOs) [5]. - The Fund is managed by Priority Senior Secured Income Management, LLC, which is part of Prospect Capital Management L.P., an investment adviser with 38 years of experience in high-yielding debt and equity investments [6].