REG-JZ Capital Ptnrs Ltd: Extension of Maturity of Subordinated Loan Notes

JZ Capital PartnersAnnouncement

09/09/2022 18:00

JZ CAPITAL PARTNERS LIMITED (the "Company" or "JZCP")
(a closed-ended investment company incorporated with limited liability under
the laws of Guernsey with registered number 48761)

LEI 549300TZCK08Q16HHU44

Update in relation to the Extension of Maturity of the Subordinated Loan Notes

9 September 2022

Further to the announcement made by the Company on 26 August 2022, the Company
is pleased to confirm that the interim extension of the Subordinated Loan
Notes through to 30 September 2022 (being the time immediately prior to the
repayment of the ZDPs due on 1 October 2022) has become effective following
the satisfaction of the relevant conditions precedent.

As noted in the aforementioned announcement, the Subordinated Loan Notes will,
with effect from 30 September 2022, be further extended to 30 September 2023,
subject to the satisfaction of certain further conditions precedent (including
(i) no event of default under the NPA or the Senior Facility, (ii) the payment
in full of all interest accrued and then due on the Subordinated Loan Notes,
and (iii) compliance with the covenants in the Senior Facility which
demonstrate that the Company is permitted to effect the repayment of the
ZDPs).

The Company will make further announcements in relation to the fulfilment of
these further conditions and the effectiveness of the further extension of the
maturity of the Subordinated Loan Notes and other related amendments as and
when required, as well as in relation to the repayment of the ZDPs also as and
when required.

Unless otherwise defined herein, capitalised terms used in this announcement
have the meanings given to them in the announcement of the Company titled
"Extension of Maturity of Subordinated Loan Notes as a Smaller Related Party
Transaction" dated 26 August 2022.

______________________________________________________________________________________

For further information:

 Kit Dunford / Ed Berry FTI Consulting                                                        +44 (0)7717 417 038 / +44 (0)7703 330 199  
 David Zalaznick Jordan/Zalaznick Advisers, Inc.                                              +1 (212) 485 9410                          
 Martin Chapman Northern Trust International Fund Administration Services (Guernsey) Limited  +44 (0)1481 745183                         

Important Notice

This announcement includes statements that are, or may be deemed to be,
"forward-looking statements". These forward-looking statements can be
identified by the use of forward-looking terminology, including the terms
"believes", "estimates", "anticipates", "expects", "intends", "may", "will" or
"should" or, in each case, their negative or other variations or comparable
terminology. These forward-looking statements relate to matters that are not
historical facts. By their nature, forward-looking statements involve risks
and uncertainties because they relate to events and depend on circumstances
that may or may not occur in the future. Forward-looking statements are not
guarantees of future performance. The Company's actual investment performance,
results of operations, financial condition, liquidity, policies and the
development of its strategies may differ materially from the impression
created by the forward-looking statements contained in this announcement. In
addition, even if the investment performance, result of operations, financial
condition, liquidity and policies of the Company and development of its
strategies, are consistent with the forward-looking statements contained in
this announcement, those results or developments may not be indicative of
results or developments in subsequent periods. These forward-looking
statements speak only as at the date of this announcement. Subject to their
legal and regulatory obligations, each of the Company, Jordan/Zalaznick
Advisers, Inc. and their respective affiliates expressly disclaims any
obligations to update, review or revise any forward-looking statement
contained herein whether to reflect any change in expectations with regard
thereto or any change in events, conditions or circumstances on which any
statement is based or as a result of new information, future developments or
otherwise.



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