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LBOW Icg-longbow Senior Secured Uk Property Debt Investments Limited

22.60
-0.10 (-0.44%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Icg-longbow Senior Secured Uk Property Debt Investments Limited LSE:LBOW London Ordinary Share GG00B8C23S81 ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -0.44% 22.60 21.40 23.80 0.00 16:35:21
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 7.27M 1.96M 0.0162 14.01 27.54M

ICG-Longbow Snr Sec UK Prop DebtInv Lanos Loan Repayment (6658A)

27/03/2017 5:14pm

UK Regulatory


Icg-longbow Senior Secur... (LSE:LBOW)
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RNS Number : 6658A

ICG-Longbow Snr Sec UK Prop DebtInv

27 March 2017

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.

THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION

27th March 2017

ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)

Portfolio Update

The borrower under the Group's Lanos (York) loan has completed a refinancing of the property which provided security for the Group's loan. As a result, the GBP10 million loan has been repaid in full, together with accrued interest, exit and prepayment fees of approximately GBP1.1 million in aggregate.

The Investment Manager is seeking to reinvest these proceeds under the Group's new investment policy, and has built a pipeline of potential opportunities for redeployment.

For further information, please contact:

 
 Heritage International Fund 
  Managers Limited: 
 Mark Huntley                         +44 (0)14 8171 
  James Christie                       6000 
 
 Cenkos Securities plc 
  Will Rogers                            +44 (0)20 7397 
                                         1920 
 
 
   Maitland Consultancy Limited: 
 Rebecca Mitchell                      +44 (0)20 7379 
  Seda Ambartsumian                     5151 
 
 

Further information on the Company can be found on its website at http://www.lbow.co.uk.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

March 27, 2017 12:14 ET (16:14 GMT)

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