October 03, 2017

Griffin Institutional Access™ Credit Fund Announces Completion of a Reorganization

El Segundo, Calif. (October 3, 2017) – Griffin Capital Company, LLC, on behalf of Griffin Institutional Access Credit Fund (the “Credit Fund,” a ’40 Act continuously-offered closed end fund commonly referred to as an interval fund) announced today the completion of a reorganization of Griffin Capital BDC Corp. (“Griffin BDC”) assets into the Credit Fund. On September 18, the shareholders of Griffin BDC overwhelmingly (approximately 94 percent of those voting) approved the transaction.

Griffin Institutional Access Credit Fund, commenced operations April 3, 2017 and is sub-advised by Bain Capital Credit, a leading global credit specialist and affiliate of Bain Capital. “We believe our interval fund structure coupled with Bain’s investment philosophy and global credit footprint will provide an enhanced investor experience over time for both our former Griffin BDC shareholders and current Credit Fund shareholders alike,” commented Kevin Shields, Chairman and CEO of Griffin Capital.

Randy Anderson, President of Griffin Capital Asset Management Company, LLC noted, “We are extremely pleased with the asset growth within our line-up of Institutional Access interval fund products overall and specifically the success and ongoing build-out of the Credit Fund portfolio. Through our partnership with Bain Capital Credit, LP, we look forward to serving our shareholders by leveraging their global credit expertise to uncover investment opportunities in line with the Fund’s stated objective.”

About Griffin Institutional Access Credit Fund

Griffin Institutional Access Credit Fund (the “Credit Fund”), 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 Credit Fund offers daily pricing and periodic liquidity at net asset value, and the Credit Fund will make quarterly offers to repurchase between five percent and 25 percent of its outstanding shares at net asset value. The Credit Fund began reporting on NASDAQ on April 3, 2017 with an initial share price of $25.00. The advisor of the Credit Fund is Griffin Capital Credit Advisor, LLC, a majority owned subsidiary of Griffin Capital Company, LLC.

About Griffin Capital Company, LLC

Griffin Capital is a leading alternative investment asset manager with approximately $9.5 billion* in assets under management. 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 available at www.griffincapital.com. *As of June 30, 2017.

Investors should carefully consider the investment objectives, risks, charges and expenses of Griffin Institutional Access Credit Fund (the “Credit Fund”). This and other important information about the Credit Fund is contained in the prospectus, which can be obtained by contacting your financial advisor or visiting www.griffincapital.com. The prospectus should be read carefully before investing.

Griffin Institutional Access Credit Fund Risk Considerations

Investing in Griffin Institutional Access Credit Fund involves risks, including the risk that you may receive little or no return on your investment or that you may lose part or all of your investment. The ability of the Credit Fund to achieve its investment objective depends, in part, on the ability of the Advisor to allocate effectively the assets of the Credit Fund among the various securities and investments in which the Credit Fund invests. There can be no assurance that the actual allocations will be effective in achieving the Credit Fund’s investment objective or delivering positive returns. Investors will pay offering expenses and, with regard to those share classes that impose a front-end sales load, a sales load of up to 5.75%. An investor will need to receive a total return at least in excess of these expenses to receive an actual return on the investment.

Diversification does not eliminate the risk of experiencing investment losses. Foreign investing involves special risks such as currency fluctuations and political uncertainty.

The Credit Fund’s investments may be negatively affected by the broad investment environment and capital markets in which the Credit Fund invests, including the real estate market, the debt market and/or the equity securities market. The value of the Credit Fund’s investments will increase or decrease based on changes in the prices of the investments it holds. This will cause the value of the Credit Fund’s shares to increase or decrease. The Credit Fund is “non-diversified” under the Investment Company Act of 1940 since changes in the financial condition or market value of a single issuer may cause a greater fluctuation in the Credit Fund’s net asset value than in a “diversified” fund. The Credit Fund is not intended to be a complete investment program.

Investors in the Credit Fund should understand that the net asset value (“NAV”) of the Credit Fund will fluctuate, which may result in a loss of the principal amount invested. The Credit 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 Credit Fund’s shares, liquidity for the Credit Fund’s shares will be provided only through quarterly repurchase offers for no less than 5% and no more than 25% of the Credit Fund’s shares at NAV, and there is no guarantee that an investor will be able to sell all the shares that the investor desires to sell in the repurchase offer. Due to these restrictions, an investor should consider an investment in the Credit Fund to be of limited liquidity. The Credit Fund is suitable only for investors who can bear the risks associated with the limited liquidity of the Credit Fund and should be viewed as a long-term investment. Investing in the Credit Fund is speculative and involves a high degree of risk, including the risks associated with leverage.

The Credit Fund’s investment in Private Investment Funds will require it to bear a pro rata share of the vehicles’ expenses, including management and performance fees. Also, once an investment is made in a Private Investment Fund, neither the Advisor nor Sub-Advisor will be able to exercise control over investment decisions made by the Private Investment Fund.

By investing in the Credit Fund, a shareholder will not be deemed to be an investor in any underlying fund and will not have the ability to exercise any rights attributable to an investor in any such underlying fund related to their investment.

Griffin Institutional Access Credit Fund is sub-advised by BCSF Advisors, LP (“BCSF”), an SECregistered investment advisor. BCSF if an affiliate of Bain Capital Credit, LP (“Bain Capital Credit”)

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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