Litigation Cap. Mgmt - Covenant Waiver Extension

Litigation Capital Management

02/11/2026 07:00

		
		
		
		
		
	
	
RNS Number : 2468B
  
Litigation Capital Management Ltd
  
02 November 2026
  
 

		

			

				2 November 2026
			
			

				Litigation Capital Management Limited
			
			

				(“LCM” or the “Company”)
			
			

				Covenant Waiver Extension
			
			

				 
			
			

				Litigation Capital Management Limited (“LCM”), an alternative asset manager specialising in dispute financing solutions internationally, announces that the debt covenant waiver from Northleaf that was due to expire on 31 October 2026 has been extended to 13 November 2026.  The shortened two-week waiver period reflects the fact that the conditions precedent to the long-term amendment to the debt facility that was announced on 30 September 2026 are close to being completed.  During this extended waiver period the interest on the loan remains increased by 2.00% per annum consistent with the initial waiver. There is no additional one-time waiver fee in relation to this extension.  
			
			

				 
			
			

				 
			
			

				Enquiries
			
			

				

					

						

							Litigation Capital Management
						
					
					

						

							 
						
					
				
				

					

						

							Patrick Moloney, Chief Executive Officer
						
						

							David Collins, Chief Financial Officer
						
					
					

						

							 
						
					
				
				

					

						

							 
						
					
					

						

							 
						
					
				
				

					

						

							Cavendish (Nomad and Broker) 
						
					
					

						

							Tel: 020 7220 0500
						
					
				
				

					

						

							Giles Balleny and Isaac Hooper (Corporate Finance)
						
						

							Ella Bedford (Corporate Broking)
						
					
					

						

							 
						
					
				
			
			

				 
			
			

				www.lcmfinance.com
			
			

				 
			
		
	
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