Alcentra Capital Corporation Provides $3.0 Million in Senior Secured Debt to Contract Datascan Holdings, Inc.

NEW YORK, May 19, 2014 /PRNewswire/ -- Alcentra Capital Corporation (NASDAQ Global Select Market: "ABDC") ("Alcentra") announced today that Alcentra has provided $3.0 million in senior debt to Contract Datascan Holdings, Inc. ("Datascan"). Alcentra drew down on its revolving credit facility to fund the investment.

Datascan provides retailers with a choice of on-demand self-scan inventory solutions delivered via its "Solution-as-a-Service" model. Through the provision of customer specific software, "fit-for-purpose" scanning hardware and access to real time data, Datascan is a cost effective, high value option for retailers looking to take advantage of the accuracy and efficiency of self-scanning. Datascan has among the world's largest self-scanning fleet. Backed by a comprehensive, secure and scalable management suite, Datascan enables the rapid collection of raw inventory data and the conversion of it into valuable, actionable inventory information.

About Alcentra Capital Corporation

Alcentra (www.alcentracapital.com) is an externally-managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company under the Investment Company Act of 1940. Alcentra's investment objective is to generate both current income and capital appreciation primarily by making direct investments in lower middle-market companies in the form of subordinated debt and, to a lesser extent, senior debt and minority equity investments. Alcentra's investment activities are managed by its investment adviser, Alcentra NY, LLC.

About Alcentra NY, LLC

Alcentra NY is part of Alcentra Group, one of the world's leading sub-investment grade credit asset managers focusing on the U.S. and European markets. The group has an investment track record that dates back to 1998 and spans across 50 separate investment funds totaling approximately $23 billion. Alcentra Group has more than 90 employees across offices in London, New York, Boston and Singapore and is approximately 100 percent owned by BNY Mellon.  BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle.

FORWARD-LOOKING STATEMENTS

Statements included herein may contain "forward-looking statements," which relate to future performance or financial condition. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of assumptions, risks and uncertainties, which change over time. Actual results may differ materially from those anticipated in any forward-looking statements as a result of a number of factors, including those described from time to time in filings by the Company with the Securities and Exchange Commission including the final prospectus filed with the Securities and Exchange Commission on May 9, 2014. Alcentra undertakes no duty to update any forward-looking statement made herein except as required by law. All forward-looking statements speak only as of the date of this press release.

SOURCE Alcentra Capital Corporation

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