REG - SLF Realisation Fund - Asset Update

SLF Realisation FundAnnouncement

21/10/2022 13:15

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RNS Number : 7532D  SLF Realisation Fund Limited  21 October 2022

 

21 October 2022

SLF Realisation  Fund Limited

 ("the Company")

LEI: 2138007S3YRY3IUU4W39

ASSET UPDATE - BORROWER 19

 

SLF Realisation Fund Limited (the "Company") announces that Borrower 19*, a
loan held within the Ordinary Share portfolio, has experienced a negative
credit event following the collapse of a business sales process and the
business being placed into administration by the management team. The
valuation of Borrower 19 as at 30 June 2022 was £2.5m, representing 0.7p
pence per Ordinary Share.

The Company is working with Borrower 19 and the administrators to gather
further information and assess the Company's options.

For further information please contact:

 SLF Realisation Fund Limited    via the Company Secretary

 Brett Miller

 BNP Paribas S.A.,               01481 750 853

 Guernsey Branch                 guernsey.bp2s.slf.co.sec@bnpparibas.com

               (mailto:guernsey.bp2s.slf.co.sec@bnpparibas.com)
 Company Secretary

 Winterflood Securities Limited

 Neil Langford

 Chris Mills

 

* as referenced in the June 2022 Full Year Report and Accounts

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