October 11, 2018

Griffin Institutional Access Credit Fund Announces Third Consecutive Increase in Quarterly Distribution Rate

El Segundo, Calif. (October 11, 2018) – Griffin Capital Company, LLC announced on behalf of Griffin Institutional Access Credit Fund (the “Fund,” NASDAQ: CRDTX, CGCCX, CRDIX, CRDLX) the payment of the third quarter distribution which occurred on October 1, 2018. This most recent payment represented an annualized rate of 6.49% for Class A, 6.50% for Class C, 6.49% for Class I, 6.54% for Class L, and 6.46% for Class F.

“This marks the third consecutive increase in the Fund’s quarterly distribution rate,” said Randy I. Anderson, Ph.D., CRE, President of Griffin Capital Asset Management Company. “We are pleased with the portfolio buildout and our performance to date and believe that the Fund offers investors a compelling investment opportunity in the face of rising rates and increased volatility.”

Along with an increased distribution rate for the Fund, Griffin Capital also reports an increase in investor flows.

“Our third quarter investor inflows increased 41 percent from the second quarter and 106 percent from the first quarter for Griffin Institutional Access Credit Fund,” Mark Goldberg, CEO of Griffin Capital Securities said. “We continue to observe a growing appetite for diversification in fixed income portfolios among investors.”

The firm’s investment strategies include alternative investments which seek to provide investors with durable income, diversification and low correlation to the broader equity markets. The firm offers investment solutions that provide investors with access to institutional opportunities across both the real estate and alternative credit sectors. Through its subsidiaries, Griffin manages, sponsors or co-sponsors a family of investments that include Griffin Institutional Access® Real Estate Fund, Griffin Institutional Access® Credit Fund, Griffin Capital Essential Asset® REIT I and II, Griffin American Healthcare REIT IV, and Phillips Edison Grocery Center REIT III.

About Griffin Institutional Access Credit Fund
Griffin Institutional Access Credit Fund (the "Fund," tickers: CRDTX, CGCCX, CRDIX, CRDLX), a closed-end, interval fund registered under the Investment Company Act of 1940, is an actively managed, diversified portfolio of credit instruments, which may include bank loans, high-yield bonds, structured credit, middle-market direct lending, and non-performing loans. The Fund offers daily pricing and periodic liquidity at net asset value, and the Fund will make quarterly offers to repurchase between five percent and 25 percent of its outstanding shares at net asset value. The Fund began reporting on NASDAQ on April 3, 2017 with an initial share price of $25.00 and reported a share price of $25.04 for Class A, $25.04 for Class C, $25.04, for Class I, $25.04 for Class L, and $25.05 for Class F as of September 28, 2018. Class F shares are not available to the general public. The Fund’s investment adviser is Griffin Capital Credit Advisor, LLC (the “Adviser”), an SEC registered investment adviser under the Investment Advisers Act of 1940, as amended (the "Advisers Act"). The Adviser is a majority owned subsidiary of Griffin Capital Company, LLC. The Adviser has engaged BCSF Advisors, LP, an SEC registered investment adviser under the Advisers Act, to provide ongoing research, opinions and recommendations regarding the Fund’s investment portfolio. BCSF is an affiliate of Bain Capital Credit, LP.

About Griffin Capital Company, LLC
Griffin Capital Company, LLC ("Griffin Capital") is a leading alternative investment asset manager that owns, manages, sponsors or co/sponsors approximately $11.2 billion* in assets. Founded in 1995, the privately held firm is led by a seasoned team of senior executives with more than two decades of investment and real estate experience and who collectively have executed more than 650 transactions valued at over $22 billion.

The firm manages, sponsors or co-sponsors a suite of carefully curated, institutional quality investment solutions distributed by Griffin Capital Securities, LLC to retail investors through a community of partners, including independent and insurance broker-dealers, wirehouses, registered investment advisory firms and the financial advisors who work with these enterprises.

Additional information is available at www.griffincapital.com.

*Includes the property information related to interests held in certain joint ventures. As of September 30, 2018.

This is neither an offer to sell nor a solicitation to purchase any security. Investors should carefully consider the investment objectives, risks, charges and expense of Griffin Institutional Access Credit Fund (the “Fund”). This and other important information about the Fund is contained in the prospectus, which can be obtained by contacting your financial advisor or visiting www.griffincapital.com. Please read the prospectus carefully before investing.

Griffin Institutional Access Credit Fund Risk Considerations
As of September 30, 2018, the Fund’s annualized return since inception for Class I shares was 5.39%. The Fund’s inception date was April 3, 2017. The total gross expense ratio is 5.15% for Class A, 6.25% for Class C, 5.62% for Class I, and 4.17% for Class L. Performance data quoted represents past performance. Past performance is no guarantee of future results and investment returns and principal value of the Fund will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. The maximum sales charge is 5.75% for Class A shares and 4.25% for Class L shares. Class C shareholders may be subject to a contingent deferred sales charge equal to 1.00% of the original purchase price of Class C shares redeemed during the first 365 days after their purchase.

The Fund has contractually agreed to waive its fees to the extent that they exceed 2.60% for Class A, 3.35% for Class C, 2.35% for Class I, and 2.85% for Class L until April 30, 2019. Without the waiver the expenses would have been higher. Additionally, since the commencement of Fund operations, the Adviser has voluntarily absorbed all of the operating expenses of the Fund. The Adviser will continue to bear such expenses on a going forward basis in its discretion and is under no obligation to continue to do so for any specified period of time. Fund returns, and distribution rates, would have been lower had expenses, such as management fees, not been waived during the period.

Performance data quoted represents past performance. Past performance is no guarantee of future results. Investing in the Fund involves risks. Investment returns and principal value of the Fund will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance data quoted. Visit www.griffincapital.com for current performance.

Distribution rates are not performance and reflect the current quarter’s cumulative distribution rate when annualized. The cumulative distribution rate for the quarter presented represents the sum of the daily dividend distribution rate as calculated by dividing the daily dividend per share by the daily net asset value per share, for each respective class, for each day in the quarter for which a daily dividend is declared. Distributions are not guaranteed.

The Fund’s distribution policy is to make quarterly distributions to shareholders. The Fund intends to declare and pay distributions from its net investment income, however, the amount of distributions that the Fund may pay, if any, is uncertain. Distributions may be comprised of ordinary income, net capital gains, and/or a return of capital (ROC) of your investment in the Fund. Because the distribution rate may include a ROC, it should not be confused with yield or income. Shareholders should not assume that the source of a distribution from the Fund is net profit. The Fund’s distributions may be affected by numerous factors, including but not limited to changes in realized and projected market returns, fluctuations in market interest rates, Fund performance, and other factors. There can be no assurance that a change in market conditions or other factors will not result in a change in the Fund’s distribution rate or that the rate will be sustainable in the future. Please refer to the Fund’s most recent Section 19(a) notice, if applicable, at www.griffincapital.com for additional information regarding the composition of distributions. Shareholders should note that return of capital will reduce the tax basis of their shares and potentially increase the taxable gain, if any, upon disposition of their shares. Distributions are not guaranteed.

The Fund is a closed-end interval fund, the shares have no history of public trading, nor is it intended that the shares will be listed on a public exchange at this time. No secondary market is expected to develop for the Fund’s shares. Limited liquidity is provided to shareholders only through the Fund’s quarterly repurchase offers for no less than 5% and no more than 25% of the Fund’s shares outstanding at net asset value.

Griffin Institutional Access Credit Fund is distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not affiliated with either Griffin Capital or any of its affiliates.

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Ben Rosner

Associate Director