REG - NB Distressed Debt NB Distressed - NBDX NB Distressed - NBDG - Capital Distribution Update

NB Distressed Debt Investment FundAnnouncement

14/03/2025 07:00

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RNS Number : 6000A  NB Distressed Debt Invest. Fd. Ltd  14 March 2025

14 March 2025

 

NB Distressed Debt Investment Fund Limited

(the "Company")

 

 

Capital Distribution Update

 

 

Further to the announcement released on 7 March 2025, the Board of NB
Distressed Debt Investment Fund Limited (the "Company") confirms the new ISIN
for the NBDG shares as GG00BTLMK410 (the "new ISIN").

 

As previously disclosed, the redemption of the NBDG shares (the "Redemption")
will be effected pro rata to holdings of NBDG shares on the register at the
close of business on 25 March 2025 (the "Redemption Date"), being the record
date for the Redemption.

 

The shares will be disabled in CREST on the Redemption Date and the existing
ISIN number GG00BPNZ1D65 for the NBDG shares (the "old ISIN") will expire.

 

The new ISIN GG00BTLMK410 in respect of the remaining shares which have not
been redeemed will be enabled and available for transactions on 26 March 2025
(the "Ex-Date"). For the period up to and including the Redemption Date,
shares will be traded under the old ISIN and as such, a purchaser of such
shares may have a market claim for a proportion of the redemption proceeds
following the activation of the new ISIN. CREST will automatically transfer
any open transactions as at the Redemption Date to the new ISIN. The NBDG
shares will commence trading without entitlement to the capital distribution
on the Ex-Date.

 

LEI: YRFO7WKOU3V511VFX790

 

For further information, please contact:

 

Suntera (Guernsey) Limited

Company Secretary

Tel: +44 (0) 1481 700300

Email: NB.Distressed@suntera.com (mailto:NB.Distressed@suntera.com)

 

U.S. Bank Global Fund Services (Guernsey) Limited

Administrator

Tel: +44 (0) 1481 723450

 

Jefferies International Limited

Financial Adviser and Corporate Broker

Tel: +44 (0)20 7029 8000

 

Neuberger Berman Europe Limited

Manager

Tel: +44 20 7355 7229

 

Neuberger Berman Investment Advisers LLC

Alternative Investment Fund Manager

Tel: +1 (312) 325-7700

 

KL Communications

Tel: +44 (0)20 3603 2803, nbdd@kl-communications.com

 

 

NB Distressed Debt Investment Fund Limited

 

The Company is a closed-ended investment company incorporated and registered
in Guernsey on 20 April 2010 with registration number 51774. The Company is
governed under the provisions of the Companies (Guernsey) Law, 2008 (as
amended) (the "Law"), and the Registered Collective Investment Scheme Rules
and Guidance 2021 issued by the Guernsey Financial Services Commission
("GFSC"). It is a non-cellular company limited by shares and has been declared
by the GFSC to be a registered closed-ended collective investment scheme. The
Company trades on the Specialist Fund Segment ("SFS") of the London Stock
Exchange ("LSE"). The Company is a member of the Association of Investment
Companies (the "AIC") and is classified within the Debt - Loans & Bonds
Category

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