SLF Realisation Fund - Asset Realisations

SLF Realisation Fund

13/06/2022 15:44

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RNS Number : 6971O  SLF Realisation Fund Limited  13 June 2022

SLF Realisation Fund Limited

 (the "Company")

LEI: 2138007S3YRY3IUU4W39

 

Asset Realisations

 

The Board of the Company is pleased to announce that Borrower 43* within the C
Share Class Portfolio, a wholesale portfolio of Mexican leases, has refinanced
and bought back the participation in the loan for $6.4 million (£ 5.1 
million). The loan had a carrying value of £4.6 million as at 31 March 2022,
since which time the Company has also received amortisation and interest
payments amounting to $409,000 (£325,740).

 

In addition, a loan within the Ordinary Share Class portfolio, Borrower 37*,
an operating lease of earth moving vehicles, has agreed a final repayment
schedule, whereby the borrower has paid to the Company an amount of £174,625
on each of 6 May 2022 and 31 May 2022 and has agreed a payment of £174,625
due on 30 June 2022, and a final payment of £176,175 due on 29 July 2022 for
full and final settlement. The position had a carrying value of £680,305 as
at 31 March 2022.

 

 

 

*by reference to the half-yearly financial report to 31 December 2021.

 

For further information please contact:

 

 SLF Realisation Fund Limited                             Brett Miller via the Company Secretary

 BNP Paribas Securities Services S.C.A., Guernsey Branch  01481 750 853

 Company Secretary

 Winterflood Securities Limited                           020 3100 0000

 Neil Langford

 Chris Mills

 

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