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IN BRIEF: Highbridge Tactical Credit Fund continues wind down

20th Sep 2021 21:50

Highbridge Tactical Credit Fund Ltd - credit investment fund - Net asset value per share ends June 30 at GBP2.73 versus GBP2.50 at December 31 but shares in issue drop to 12.2 million from 23.1 million as continues wind up process. NAV return in first half was 7.4%.

"At the time of writing we have been informed that there are three positions remaining in the portfolio of Highbridge Multi-Strategy Master Corp. The investment manager is attempting to crystalise those remaining positions and is hopeful that the third of the three remaining positions will be realised before the end of Q1 2022," company says.

Current stock price: 278.00 pence

Year-to-date change: up 14%

By Paul McGowan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


Related Shares:

HTCF.L
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