NEW YORK--(BUSINESS WIRE)--Mar. 8, 2017--
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 $.15 per unit (representing the
amount of the regular quarterly distribution pro rated from the February
7, 2017 date of issuance), payable March 15, 2017, to unitholders of
record as of March 1, 2017, 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. is a diversified global holding company
that engages in multiple businesses through consolidated subsidiaries,
associated companies and other interests. It 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: http://www.businesswire.com/news/home/20170308006403/en/
Source: Steel Partners Holdings L.P.
PondelWilkinson Inc.
Roger S. Pondel, 310-279-5965
rpondel@pondel.com
