Highland Distressed Opportunities, Inc. Schedules Release of September 30, 2008 Financial Results and Conference Call
23 Octobre 2008 - 11:34PM
Business Wire
Highland Distressed Opportunities, Inc. (the �Company�) (NYSE: HCD)
today announced that it will report financial results for the
quarter ended September 30, 2008 on Thursday, November 6, 2008
after the close of the financial markets. The Company invites all
interested persons to participate in its conference call on Monday,
November 10, 2008 at 4:15 p.m. (Eastern Time). The dial-in number
for the call is (800) 768-6569. The pass code for the conference
call is 3436766. The Company will maintain an audio replay of the
call for one week following the call. The replay dial-in number is
(888) 203-1112. The replay pass code is 3436766. About Highland
Distressed Opportunities, Inc. Highland Distressed Opportunities,
Inc. (the �Company�, �we,� �us� and �our�) is a recently-organized,
non-diversified closed-end company that has elected to be treated
as a business development company under the Investment Company Act
of 1940. The Company�s investment objective is total return
generated by both capital appreciation and current income. We
intend to invest primarily in financially-troubled or distressed
companies that are either middle-market companies or unlisted
companies by investing in senior secured debt, mezzanine debt and
unsecured debt, each of which may include an equity component, and
in equity investments. Generally, distressed companies are those
that (i) are facing financial or other difficulties and (ii) are or
have been operating under the provisions of the U.S. Bankruptcy
Code or other similar laws or, in the near future, may become
subject to such provisions or otherwise be involved in a
restructuring of their capital structure. This press release may
contain forward-looking statements describing the Company�s future
plans and objectives. These forward-looking statements, as well as
future oral and written statements by the management of Highland
Distressed Opportunities, Inc., are subject to various risks and
uncertainties, which could cause actual results and conditions to
differ materially from those projected, including the uncertainties
associated with the timing of transaction closings, changes in
interest rates, availability of transactions, the future operating
results of our portfolio companies, changes in regional, national,
or international economic conditions and their impact on the
industries in which we invest, or changes in the conditions of the
industries in which we invest, and other factors enumerated in our
filings with the Securities and Exchange Commission (�SEC�). We may
use words such as �anticipates,� �believes,� �expects,� �intends,�
�will,� �should,� �may,� �plans,� �could,� �estimates,�
�potential,� �continue,� �target,� or the negative of these terms
or other similar expressions to identify forward-looking
statements. Undue reliance should not be placed on such
forward-looking statements as such statements speak only as of the
date on which they are made. We do not undertake to update our
forward-looking statements, whether as a result of new information,
future events or otherwise, unless required by applicable law.
Persons considering an investment in the Company should consider
the investment objective, risks, and charges and expenses of the
Company carefully before investing. Such information and other
information about the Company will be available in our annual
report on Form 10-K, in our quarterly reports on Form 10-Q and
current reports on Form 8-K. Such materials are filed with the SEC
and copies are available on the SEC�s website, www.sec.gov.
Prospective investors should read such materials carefully before
investing.
Highland Distressed Opportunities, Inc. (NYSE:HCD)
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