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Priority Income Fund to repurchase common shares

Priority Income Fund Inc. is offering to purchase up to about $3.8 million worth of its issued and outstanding common stock, which represents the proceeds it received from the sale of common shares under the distribution reinvestment plan during the quarter ended Sept. 30.

The per-share price will be equal to the net asset value per share on Jan. 19, 2018.

The offer is scheduled to expire at midnight ET on Jan. 22, 2018, unless extended.