ICG-Longbow Senior - Portfolio Update

ICG Longbow Senior Secured UK Property Debt Investments

13/01/2021 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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