JZ Capital Partners Ltd Repayment of Senior Facility

 
TIDMJZCP 
 
JZ CAPITAL PARTNERS LIMITED (the "Company" or "JZCP") 
 
(a closed-ended investment company incorporated with limited liability under the 
laws of Guernsey with registered number 48761) 
 
LEI 549300TZCK08Q16HHU44 
 
Repayment of Senior Facility 
 
18 December 2023 
 
Further to the announcement made by the Company on 14 December 2023, JZ Capital 
Partners Limited is pleased to confirm that it has now repaid in full its senior 
facility with WhiteHorse Capital Management, LLC.  Such repayment of the senior 
facility in the amount of approximately US$45.0 million (plus accrued interest) 
represents the repayment in full of the Company's only outstanding debt 
obligation. 
 
The Company reiterates that it remains focused on the implementation of its new 
investment policy to realise maximum value from the Company's investments and, 
after the repayment of all debt, to return capital to shareholders. 
 Accordingly, the senior facility having now been repaid in full will, subject 
to retaining sufficient funds to cover existing obligations and support certain 
existing investments to maximise their value, enable the Company to plan to 
commence making distributions to shareholders, as previously announced in the 
Company's interim report and financial statements released on 9 November 2023. 
 
_________________________________________________________________________________ 
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For further information: 
 
Kit Dunford / Ed Berry              [phone] 
FTI Consulting                      / [phone] 
                                    199 
David Zalaznick                     [phone] 
Jordan/Zalaznick Advisers, Inc. 
Hannah Hayward                      [phone] 
Northern Trust International Fund 
Administration Services (Guernsey) 
Limited 
 
Important Notice 
 
This announcement includes statements that are, or may be deemed to be, "forward 
-looking statements". These forward-looking statements can be identified by the 
use of forward-looking terminology, including the terms "believes", "estimates", 
"anticipates", "expects", "intends", "may", "will" or "should" or, in each case, 
their negative or other variations or comparable terminology. These forward 
-looking statements relate to matters that are not historical facts. By their 
nature, forward-looking statements involve risks and uncertainties because they 
relate to events and depend on circumstances that may or may not occur in the 
future. Forward-looking statements are not guarantees of future performance. The 
Company's actual investment performance, results of operations, financial 
condition, liquidity, policies and the development of its strategies may differ 
materially from the impression created by the forward-looking statements 
contained in this announcement. In addition, even if the investment performance, 
result of operations, financial condition, liquidity and policies of the Company 
and development of its strategies are consistent with the forward-looking 
statements contained in this announcement, those results or developments may not 
be indicative of results or developments in subsequent periods. These forward 
-looking statements speak only as at the date of this announcement. Subject to 
their legal and regulatory obligations, each of the Company, Jordan/Zalaznick 
Advisers, Inc. and their respective affiliates expressly disclaims any 
obligations to update, review or revise any forward-looking statement contained 
herein whether to reflect any change in expectations with regard thereto or any 
change in events, conditions or circumstances on which any statement is based or 
as a result of new information, future developments or otherwise. 
 
 
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END 
 
 

(END) Dow Jones Newswires

December 18, 2023 02:01 ET (07:01 GMT)