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Stock impact report

Western Asset Corporate Loan Fund Announces Results of 2020 Annual Meeting of Stockholders

WESTERN ASSET CORPORATE LOAN FUND INC (TLI) 
Company Research Source: Business Wire
Nisha Kumar, Eileen A. Kamerick and Daniel P. Cronin Will Continue to Serve on the Board NEW YORK--(BUSINESS WIRE)--Western Asset Corporate Loan Fund Inc. (NYSE: TLI) (the “Fund”) today announced that, based on certified voting results from the Fund’s 2020 Annual Meeting of Stockholders (the “Annual Meeting”), the Fund’s incumbent directors, Nisha Kumar, Eileen A. Kamerick and Daniel P. Cronin, received more votes than any other director candidates. However, no director nominee received sufficient votes to be elected under the Fund’s bylaws and as such the Fund’s incumbent directors will continue to serve on the Board.The Fund issued the following statement:The Western Asset Corporate Loan Fund Board and management team thank our stockholders for their strong support and participation throughout this process. We appreciate that stockholders recognize that the Fund’s Board has the right experience, skills and diversity to continue to act in the best interests of all stockholders. We Show less Read more
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