REG - NB Distressed Debt NB Distressed - NBDX NB Distressed - NBDG - Dividend Declaration

NB Distressed Debt Investment FundAnnouncement

07/03/2025 07:15

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RNS Number : 7030Z  NB Distressed Debt Invest. Fd. Ltd  07 March 2025

7 March 2025

 

NB Distressed Debt Investment Fund Limited

(the "Company")

 

 

Income Distribution

 

The Board of the Company is pleased to announce an income distribution by way
of a dividend of £0.0317 per New Global Share (the "Share Class"), to be
payable on 7 April 2025 to shareholders on the register of the Share Class as
at the close of business on 21 March 2025.

This dividend is funded from asset realisations; shareholders should note that
the exact amount and timing of any future income distributions may vary
depending on the amounts of income received by the Company less relevant
expenses.

The Board has declared the dividend for the share class in accordance with the
Company's distribution policy, as set out in the respective Prospectus for
each applicable share class and the Articles of Incorporation, which requires
that all income from the Company's Share Class be distributed after deducting
reasonable expenses, subject to the solvency test prescribed by Guernsey law.

 

 Expected timetable:
 Ex-dividend date                                     20 March 2025
 Dividend record date                                 21 March 2025
 Dividend payment date                                7 April 2025

 

 

 

LEI: YRFO7WKOU3V511VFX790

 

 

Enquiries:

 

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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