OFFERING OVERVIEW

Objective1

Invest primarily in the senior and subordinated debt of middle market U.S. companies. Create an investment portfolio that generates superior risk-adjusted returns. Provide our shareholders with current income and, to a lesser extent, long-term capital appreciation.


Offering

Offering Size Up to $1.5 Billion

Minimum Investment $2,000 ($2,500 for investors in Tennessee)

Valuation Frequency2 Net Asset Value determined each quarter

Share Repurchase
Program
3
Sierra will repurchase shares on a quarterly basis. Share repurchases each quarter will be limited to 2.5% of the weighted average number of outstanding shares in the preceding 12 month period. Restrictions apply.

Liquidity Strategy We intend to seek a liquidity event within seven years following the expiration of the offering period which may include:

  • The sale of all or substantially all of our assets

  • A listing of our common shares on a national securities exchange

  • A merger or another transaction approved by our board of directors in which our stockholders will receive cash or shares of a publicly traded company

Distribution
Reinvestment
Plan (DRIP)


Investors may elect to have their distributions be used to purchase additional shares at a specified discount to the then current public offering price. See the accompanying prospectus for more detailed information.

Suitability4 Subject to special suitability standards imposed by certain states, suitability standards generally require that an investor have either: (a) a gross annual income of at least $70,000, or (b) a net worth of at least $250,000.
For purposes of determining the suitability of an investor, net worth in all cases should be calculated excluding the value of an investor’s home, home furnishings and automobiles.

Additional Information Sierra Income Corporation incurs substantial fees, expenses and sales charges that may materially reduce an investor’s return.

 





 

 


 

1) There is no guarantee that these objectives will be met.
2) We intend to determine the net asset value of our investment portfolio each quarter. Securities that are publicly-traded will be valued at the reported closing price on the valuation date. Securities that are not publicly-traded will be valued at fair value as determined in good faith by our board of directors.
3) We currently intend to limit the number of shares to be repurchased during any calendar year to the number of shares we can repurchase with the proceeds we receive from the sale of shares of our common stock under our distribution reinvestment plan. We will limit repurchases in each quarter to 2.5% of the weighted average number of shares of our common stock outstanding in the prior four calendar quarters. To the extent that the number of shares submitted to us for repurchase exceeds the number of shares that we are able to purchase, we will repurchase shares on a pro rata basis, not on a first-come, first-served basis. Investors should not expect to be able to sell shares regardless of the investment’s performance. Please refer to the share repurchase program section of the prospectus.
4) The following states have additional suitability standards: AL, IA, KS, KY, MA, ME, ND, NE, NJ, NM, OH, OK, OR, and TX. Please consult Sierra Income Corporation’s prospectus for additional information regarding your suitability standards.
NOT AN OFFER TO SELL SECURITIES
The material in this Website does not constitute an offer to sell, nor a solicitation of an offer to buy the securities described herein. Such an offering is made only by means of a prospectus. The prospectus must be read in order to understand fully all the implications and risks of any offering of securities to which it relates.

This sales and advertising literature is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus.
This literature must be read in conjunction with the prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. A copy of the prospectus must be made available to you in connection with any offering.
No offering is made except by a prospectus filed with the Department of Law of the State of New York or any other state. Neither the Securities and Exchange Commission, the Attorney General of the State of New York nor any state securities regulator has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

SC Distributors, LLC (member FINRA/SIPC) is the affiliated dealer manager for the Sierra Income Corporation offering.