Company: PRIF-PJ
Filing Date: 2025-03-26
Form Type: N-2
Source: 0001554625-25-000027
Chunk: 92

Company: Priority Income Fund, Inc.
Filing Date: 2025-03-26
Form: N-2
Chunk 92
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,504,575 |     | $                          | 102 |     | $                                           | 25.00 |     | $                                | 24.79 |
| Series B Term Preferred Stock Due 2023    |     | $                            |  25,000,000 |     |                            | 102 |     | $                                           | 25.00 |     | $                                | 24.72 |
| Series C Term Preferred Stock Due 2024    |     | $                            |  40,250,000 |     |                            | 102 |     | $                                           | 25.00 |     | $                                | 25.02 |
| Series D Term Preferred Stock Due 2029    |     | $                            |  26,131,675 |     |                            | 102 |     | $                                           | 25.00 |     | $                                | 25.24 |
| Total Preferred Stock                     |     | $                            | 128,886,250 |     | $                          | 102 |     |                                             |       |     |                                  |       |

(a) For financial reporting purposes, our Preferred Stock is considered to be debt. The Asset Coverage amount per $25 a share of total Preferred Stock (the dollar amount per share) reflects the amount of the Company’s total assets (less all liabilities not represented by borrowings and Preferred Stock) per $25 a share of total Preferred Stock of the combined amount of borrowings and outstanding total Preferred Stock and the Asset Coverage amounts per financial reporting purposes.

(b) Does not include the issuance by the Company of (i) an additional $1,293,500 aggregate amount of Series D Term Preferred Stock, which was issued on July 3, 2019 and (ii) $27,500,000 aggregate amount of Series E Term Preferred Stock, which was issued on October 7, 2019 and October 22, 2019. Also excluded are amounts borrowed under the Facility and the 2035 Notes.

(c) Our Series A Term Preferred Stock, Series B Term Preferred Stock, Series C Term Preferred Stock and Series D Term Preferred Stock each rank pari passu, or equally, in right of payment and all other shares of preferred stock that we may issue in the future, and rank senior in right of payment to all of our common stock. As such, the asset coverage per preferred share is the same across each series of preferred stock.

(d) Represents the average daily closing market price per share of each