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Portfolio Update

13th Jan 2021 07:00

RNS Number : 4640L
ICG-Longbow Snr Sec UK Prop DebtInv
13 January 2021
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.

 

13 January 2021

ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)

Portfolio Update

 

 

The Company has received repayment in full of the £4.3 million Carrara loan, following a sale of the property securing the loan. The repayment is accompanied by interest and fees of approximately £0.1 million in aggregate.

 

In the light of the forthcoming Extraordinary General Meeting to consider a resolution to change the Company's investment objective and investment policy, the Company intends to retain the proceeds pending the determination of such resolution.

 

For further information, please contact:

 

Ocorian Administration (Guernsey) Limited

Anna Storey

 

+44 (0)14 8174 2742

Cenkos Securities:

Will Rogers

 

+44 (0)20 7397 1920

 

Maitland Consultancy Limited:

Vikki Kosmalska

+44 (0)20 7379 5151

 

ICG Real Estate

Martin Wheeler

David Mortimer

 

+44 (0)20 3201 7502

+44 (0)20 3201 7532

 

 

Further information on the Company can be found on its website at http://www.lbow.co.uk.

ICG Longbow LEI: 2138008BKBH3OP2CA764

 

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