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NB Distressed Debt Investment Fund To Make Further Capital Returns

17th Aug 2015 09:05

LONDON (Alliance News) - NB Distressed Debt Investment Fund Ltd on Monday said it is making further capital distributions to shareholders.

It is to return USD7 million before expenses to NBDD shareholders, equivalent to about USD0.1143 per NBDD share, by partially redeeming them at USD1.2276 per share.

Costs and expenses are expected to amount to about USD8,000.

NB Distressed Debt Investment Fund also wants to return USD17.5 million before expenses to NBDX shareholders, equivalent to about USD0.0547 per NBDX share, through a compulsory partial redemption of NBDX shares at USD1.1302 per NBDX share.

The costs and expenses will also amount to USD8,000.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2015 Alliance News Limited. All Rights Reserved.


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