MCG Capital Offers Revised Investor Presentation Following Falcone, Harbinger Litigation Threat

MCG Capital Corporation MCGC announced today that in response to a letter from counsel to Philip Falcone and Harbinger Capital Partners LLC, it yesterday filed a revised investor presentation discussing in detail the material factors considered by MCG's Board of Directors in determining that the proposal made by HC2 Holdings, Inc. on May 19, 2015 does not constitute, and is not reasonably likely to lead to, a superior proposal under MCG's existing merger agreement with PennantPark Floating Rate Capital Ltd. PFLT. Copies of the correspondence with Mr. Falcone and Harbinger Capital Partners LLC's counsel are attached to this press release. http://www.globenewswire.com/NewsRoom/AttachmentNg/59bf0f6e-9b71-4671-93a8-8b43ec674dc2