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CNL’s Corporate Capital Trust Reschedules Offering Close

Corporate Capital Trust Inc., a non-traded business development company sponsored and advised by CNL Financial Group and KKR, reported that investments in the company’s common stock will now close on February 12, 2016 to investors who purchase shares through the independent broker-dealer channel.

The company indicated that investments will remain open to investors who purchase through the registered investment advisor channel.

The closing, which was expected to take place on January 29, 2016, was rescheduled.

Following the closing, the company expects to continue its quarterly tender offers in connection with its share repurchase program. Distributions to investors are expected to be declared and paid on a monthly basis, and the company’s distribution reinvestment plan will remain in effect.

Corporate Capital Trust is a non-traded business development company that provides individuals an opportunity to invest in privately-owned American companies. The company is externally managed by CNL and KKR.

CNL Financial Group is a private investment management firm providing global real estate and alternative investments headquartered in Orlando, Florida. Since inception in 1973, CNL Financial Group and/or its affiliates have formed or acquired companies with more than $33 billion in assets.

KKR & Co. L.P. is a global investment firm that manages investments across multiple asset classes including private equity, energy, infrastructure, real estate, credit and hedge funds.