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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Steel Partners Holdings Declares Regular Quarterly Distribution on Its Series A Preferred Units

February 15, 2019

NEW YORK--(BUSINESS WIRE)--Feb 15, 2019--Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced that its board of directors has declared a regular quarterly cash distribution of $.375 per unit, payable March 15, 2019, to unitholders of record as of March 1, 2019, on its 6% Series A Preferred Units, no par value (“Series A Preferred”).

Any future determination to declare distributions on its units of Series A Preferred, and any determination to pay such distributions in cash or in kind, or a combination thereof, will remain at the discretion of Steel Partners’ board of directors and will be dependent upon a number of factors, including the company’s results of operations, cash flows, financial position and capital requirements, among others.

About Steel Partners Holdings L.P.

Steel Partners Holdings L.P. ( www.steelpartners.com ) is a diversified global holding company that owns and operates businesses and has significant interests in leading companies in various industries, including diversified industrial products, energy, defense, supply chain management and logistics, banking and youth sports.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190215005535/en/

CONTACT: For more information:

PondelWilkinson Inc.

Roger S. Pondel, 310-279-5965

rpondel@pondel.com

KEYWORD: UNITED STATES NORTH AMERICA NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Steel Partners Holdings L.P.

Copyright Business Wire 2019.

PUB: 02/15/2019 04:15 PM/DISC: 02/15/2019 04:15 PM

http://www.businesswire.com/news/home/20190215005535/en