NGP Capital Resources Company Announces Declaration of Quarterly Dividend and Extension of Credit Facility

NGP Capital Resources Company NGPC today announced that its Board of Directors has declared a quarterly dividend to stockholders in the amount of $0.18 per common share. The expected dividend payment date is January 6, 2012 to stockholders of record on December 31, 2011. It is expected that the dividend will be paid out of ordinary income for tax purposes. The tax characteristics of all dividends will be reported to each stockholder on Form 1099 after the end of the year. The Company also announced that it has entered into an Amended and Restated Revolving Credit Agreement, increasing the size of the Investment Facility from $67.5 million to $72.0 million, and extending its maturity by two years to August 31, 2014. The Investment Facility bears interest, at the Company's option, at either (i) LIBOR plus 325 to 475 basis points, or (ii) the base rate plus 225 to 375 basis points, both based on the amount of borrowings outstanding under the Investment Facility. This pricing grid represents a 100 basis point improvement from the Company's previous credit facility.