CVC Credit Partners European Opps. March 2022 Tender Price (7911I)

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RNS Number : 7911I

CVC Credit Partners European Opps.

20 April 2022

20 April 2022

CVC Credit Partners European Opportunities Limited

March 2022 Tender Price

CVC Credit Partners European Opportunities Limited (the "Company") announces the following in relation to its March 2022 Tender:

Euro Shares(1)

 
 Shares tendered                     852,436 
 
 31 March 2022 NAV per Euro Share    EUR1.0079 
 
 Tender Price                        EUR0.9979 
 

Sterling Shares(1)

 
 Shares tendered                         3,490,001 
 
 31 March 2022 NAV per Sterling Share    GBP1.0889 
 
 Tender Price                            GBP1.0789 
 

The Tender Price equals the NAV per Share as at 31 March 2022 minus GBP0.01 / EUR0.01 (being 1% of the Reference Price), as applicable.

It is anticipated that payment for the March 2022 tender will be made on 17 May 2022.

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 10 May 2022

Terms defined in the Company's prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

CVC Credit Partners European Opportunities Limited : [phone]

Richard Boléat

   BNP Paribas Securities Services S.C.A., Jersey Branch            [phone] 

(1) In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 839,875.00 Euro Company Investment Vehicle Interests (based on a net asset value of EUR1.022975) and 3,504,717.00 Sterling Company Investment Vehicle Interests (based on a net asset value of GBP1.084328) and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

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April 20, 2022 10:13 ET (14:13 GMT)