Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

March 2022 Tender Price

20th Apr 2022 15:13

RNS Number : 7911I
CVC Credit Partners European Opps.
20 April 2022
 

20 April 2022

CVC Credit Partners European Opportunities Limited

March 2022 Tender Price

 

CVC Credit Partners European Opportunities Limited (the "Company") announces the following in relation to its March 2022 Tender:

 

Euro Shares1

 

Shares tendered

852,436

31 March 2022 NAV per Euro Share

€1.0079

Tender Price

€0.9979

 

Sterling Shares1

 

Shares tendered

3,490,001

31 March 2022 NAV per Sterling Share

£1.0889

Tender Price

£1.0789

 

 

The Tender Price equals the NAV per Share as at 31 March 2022 minus £0.01 / €0.01 (being 1% of the Reference Price), as applicable.

 

It is anticipated that payment for the March 2022 tender will be made on 17 May 2022.

 

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 10 May 2022

 

Terms defined in the Company's prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

 

CVC Credit Partners European Opportunities Limited: +44 (0)1534 625522Richard Boléat

 

BNP Paribas Securities Services S.C.A., Jersey Branch +44 (0)1534 813873

 

 

1In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 839,875.00 Euro Company Investment Vehicle Interests (based on a net asset value of €1.022975) and 3,504,717.00 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.084328) and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCBKKBDQBKDDQB

Related Shares:

CCPE.LCCPG.L
FTSE 100 Latest
Value8,809.74
Change53.53