PGGO's Board of Directors approves credit facility

 

TIDMPGGO 
 
RNS Number : 4442X 
Partners Group Global Opportunities 
14 August 2009 
 

News Release 
 
 
Guernsey, 14 August 2009 
 
 
PGGO's Board of Directors approves credit facility proposal 
 
 
In a meeting held yesterday, the Board of Directors of Partners Group Global 
Opportunities Limited approved a credit facility with a three year term, the 
signing of which is expected in the coming weeks. The implementation of this 
credit facility is intended to secure the financing of the Company's commitment 
strategy beyond 20 October 2009 when the current facility expires. The credit 
facility of initially EUR 55 million, with an option to increase to EUR 60 
million, is being arranged by a large international bank and is expected to be 
fully underwritten by a lenders syndicate. 
 
 
John Hallam, Chairman of PGGO's Board of Directors, comments: "Given the 
successful repositioning of the portfolio, which helped to reduce leverage in 
this uncertain environment, and the progress in renewing the Company's credit 
facility, we would regard PGGO to be in a comfortable liquidity situation with 
sufficient headroom for future funding obligations. This, in combination with 
the recent reduction of unfunded commitments, adds further stability to the 
portfolio and underpins our confidence in the Company's long-term development." 
 
 
 
 
About Partners Group Global Opportunities Limited 
Partners Group Global Opportunities Limited is a closed-ended investment company 
with limited liability domiciled in Guernsey and traded on the London Stock 
Exchange (Main Market) (Ticker symbol: PGGO). Partners Group Global 
Opportunities Limited is designed to provide public market investors access to 
direct private equity and private debt investments alongside leading private 
equity firms and advised by Partners Group AG, a global alternative asset 
management firm listed on the SIX Swiss Exchange (ticker symbol: PGHN) with over 
CHF 24 billion assets under management in private equity, private debt, private 
real estate, private infrastructure, absolute return strategies and listed 
alternatives. 
 
 
 
 
Contacts 
Partners Group Global Opportunities Limited 
[e-mail] 
www.pg-globalopportunities.net 
 
 
Registered Number: 45101 
  Media enquiries 
Partners Group AG 
Tamara Krebs 
Communications 
Phone: [phone] 
[e-mail] 
www.partnersgroup.com 
 
 
 
 
Corporate broker 
JPMorgan Cazenove 
20 Moorgate 
London EC2R 6DA 
United Kingdom 
 
 
This document does not constitute an offer to sell or a solicitation of an offer 
to buy or subscribe for any securities and neither is it intended to be an 
investment advertisement or sales instrument of Partners Group Global 
Opportunities Limited. The distribution of this document may be restricted by 
law in certain jurisdictions. Persons into whose possession this document comes 
must inform themselves about, and observe any such restrictions on the 
distribution of this document. In particular, this document and the information 
contained therein is not for distribution or publication, neither directly nor 
indirectly, in or into the United States of America, Canada, Australia or Japan. 
 
 
This document may have been prepared using financial information contained in 
the books and records of the product described herein as of the reporting date. 
This information is believed to be accurate but has not been audited by any 
third party. This document may describe past performance, which may not be 
indicative of future results. No liability is accepted for any actions taken on 
the basis of the information provided in this document. 
 
 
Issued and approved by Partners Group (UK) Ltd., authorised and regulated by the 
Financial Services Authority in the United Kingdom. 
 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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