(Alliance News) - Pantheon International PLC on Friday said it intends to raise USD150 million through a private placement of loan notes to North American investors. Read More
Pantheon International PLC - private equity investment trust - Agrees a new GBP500 million equivalent multi-tranche, multi-currency revolving credit facility agreement, which replaces the existing GBP500 million equivalent credit facility. The new loan facility is split into a GBP400 million facility, expiring in October 2026 with an ongoing option to extend, by agreement, the maturity date by 364 days at a time; and a GBP100 million facility expiring in October 2024. Says it sought to "build a long-term, sustainable, more flexible, and diverse capital structure as part of this process, further strengthening the company's balance sheet". The structure permits the GBP400 million facility to be increased to GBP700 million, subject to the consent of participating lenders. Says the new loan facility was oversubscribed, with new lenders State Street Bank & Trust Co, RBS International PLC, Mizuho Bank Ltd and RBC Europe Ltd, joining the syndicate alongside two existing lenders Lloyds Bank Corporate Markets PLC and State Street Bank International GmbH. Credit Suisse AG's London branch will no longer be a lender. Read More
Pantheon International PLC - private equity investment trust - Agrees a new GBP500 million equivalent multi-tranche, multi-currency revolving credit facility agreement, which replaces the existing GBP500 million equivalent credit facility. The new loan facility is split into a GBP400 million facility, expiring in October 2026 with an ongoing option to extend, by agreement, the maturity date by 364 days at a time; and a GBP100 million facility expiring in October 2024. Says it sought to "build a long-term, sustainable, more flexible, and diverse capital structure as part of this process, further strengthening the company's balance sheet". The structure permits the GBP400 million facility to be increased to GBP700 million, subject to the consent of participating lenders. Says the new loan facility was oversubscribed, with new lenders State Street Bank & Trust Co, RBS International PLC, Mizuho Bank Ltd and RBC Europe Ltd, joining the syndicate alongside two existing lenders Lloyds Bank Corporate Markets PLC and State Street Bank International GmbH. Credit Suisse AG's London branch will no longer be a lender. Read More
Pantheon International PLC - private equity investment trust - Says tender offer for GBP150 million in shares closed on Tuesday. Says a total of 49.2 million shares will be acquired by the company with a strike price of 305 pence per share. All shares acquired by the company will be cancelled. Read More
Pantheon International PLC - private equity investment trust - Says it will launch a tender offer for up to GBP150 million at a price between 280 pence and 315 pence per share, in 2.5p increments. Says the tender offer, which will close on October 17, is part of its intention to invest GBP200 million in its portfolio, announced in May. Says shareholders who do not tender their shares will benefit from net asset value accretion. Read More
(Alliance News) - Stocks in London were set to open lower on Monday as investors eyed fresh concerns for the already fragile Chinese property sector. Read More
Pantheon International PLC - private equity investment trust - Net asset value on August 31 is 458.7 pence, up 1.4% from 452.5p at the end of July. The main contributor to the increase during August is foreign exchange movements, though valuation gains, share buybacks, and investment income also contribute. Total NAV now is GBP2.38 billion. In the three months to August 31, NAV is down by 3.7p, or 0.8%, from May 31. During the longer period, negative forex changes more than offset contributions from valuation, buybacks and income. In the recent three months, Pantheon International makes one new investment, a GBP7.5 co-investment alongside IK Investment Partners in Medica Group PLC, a provider of teleradiology services in the UK, Ireland and the US. Read More
Pantheon International PLC - London-based private equity investment trust - Director John Burgess buys 258,214 shares priced at GBP2.80 each, via November 1990 Trust. The shares are worth GBP722,999 in total and were bought in London on Tuesday. Read More
Pantheon International PLC - London-based private equity investment trust - Non-Executive Director Rahul Welde buys 36,771 shares at GBP2.72 each for a total of GBP99,999 on Friday. Read More
Pantheon International PLC - London-based private equity investment trust - Non-Executive Director Zoe Clements buys 22,143 shares at GBP2.709642 each on Friday. Total aggregate value is just under GBP60,000. Read More
(Alliance News) - Pantheon International PLC on Thursday reported a moderate increase in its net asset value despite a "challenging" macro-economic backdrop, and promised a more than tenfold potential rise in share buybacks. Read More
(Alliance News) - Pantheon International PLC on Friday reported that its net asset value per share for the month had fallen, with a drop in foreign exchange movements and costs associated with expenses and taxes. Read More
Pantheon International PLC - investment trust focused on private equity assets managed by third-party managers - Says net asset value as at May 31 is 462.4 pence each, up 2.1% from 452.9p on April 30. Total net assets amount to GBP2.5 billion. Says in the month to May 31, valuation gains were up 1.5%. Its private equity assets stand at GBP2.42 billion on the date. Say it maintains a five year GBP500 million multi-tranche, multi-currency revolving credit facility agreement as at May 31. This is due to expire in July 2027. The facility remained undrawn at the month end. Read More
Pantheon International PLC - investment trust focused on private equity assets managed by third-party managers - Net asset value per share is 452.9 pence on April 30, down 0.8% from 456.6p on March 31. Valuation gains and the benefit of share buybacks was offset by foreign exchange movements of negative 1.3%. Buys back GBP1.2 million in shares, buying 500,000 shares at 232.5p. Total private equity assets amount to GBP2.38 billion as at April 30, down from GBP2.40 billion a month before. Undrawn commitments to investments stand at GBP863 million. Says five-year, GBP500 million multi-tranche, multi-currency revolving credit facility agreement that is due to expire in July 2027 is undrawn. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
(Alliance News) - Pantheon International PLC on Friday said that net asset value per share decreased at the end of March against the previous month. Read More
(Alliance News) - Pantheon International PLC on Friday said net asset value improved marginally in February. Read More
(Alliance News) - The following is a round-up of updates on exposure to Silicon Valley Bank by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More