27th Nov 2023 13:56
NB Distressed Debt Investment Fund Ltd - Guernsey-incorporated closed-ended fund managed by Neuberger Berman; invests in distressed, stressed and special situation credit, with a focus on senior debt backed by hard assets - Reports net asset value per ordinary share on September 30 is USD0.7935, down from USD0.7959 on June 30, but up from USD7730 on December 31. Total NAV is USD12.2 million, up 1.7% from USD12.0 million on June 30. This is thanks to "a small increase in a containers and packaging investment", it says. Read More
