Brief: Volta Finance End-April Estimated NAV Per Share At 8.25 Euros

Volta Finance

21/05/2018 06:56

May 21 (Reuters) - VOLTA FINANCE LTD  VTA.AS :
    * ANNOUNCED ON FRIDAY MONTHLY REPORT FOR APRIL 2018
    * APRIL 2018 ESTIMATED NAV PERFORMANCE WAS UP 0.9 PCT
    * END-APRIL ESTIMATED NAV PER SHARE AT EUR 8.25
    * END-APRIL GAV AT EUR 346.4 MLN
    * IN APRIL 2018, IT GENERATED EUR 7.7 MLN EQUIVALENT IN
INTEREST
AND COUPONS NET OF REPO COSTS
    * TOTAL CASH AMOUNT GENERATED DURING LAST SIX MONTHS IN
TERMS OF
INTEREST AND COUPONS AT EUR 18.1 MLN
    * WAREHOUSE OPENED IN FEBRUARY LED TO CLO PRICING IN APRIL
AND THE
TWO OPENED THIS MONTH SHOULD LEAD TO CLO PRICING BY END-Q2/EARLY
Q3 2018
    * EXPECTED RETURN ON SUCH CLO EQUITY POSITIONS IN AREA OF 13
PCT
TO 15 PCT
    * IN 2018, TO CONTINUE OPENING CLO WAREHOUSING FACILITIES
AND
CONTINUE TO INCREASE CLO EQUITY BUCKET

    
 Source text for Eikon:  ID:nGNE9jc6K6 
 Further company coverage:  VTA.AS  
   


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