Neuberger Berman MLP And Energy Income Fund Announces Amendment To Leverage Facility

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Neuberger Berman Investment Advisers LLC
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NEW YORK, November 19, 2021 — Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the “Fund”) announced today that it has amended its revolving credit facility (the “Facility”) to increase the amount of available debt financing in order to bring it more in line with the Fund’s current asset level. Under the amended terms of the Facility, the lender’s total commitment increased from $75 million to $100 million.

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Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman’s diverse team has over 2,400 professionals. For seven consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $437 billion in client assets as of September 30, 2021. For more information, please visit our website at www.nb.com.