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NBDD Nb Distressed Debt Investment Fund Limited

0.62
0.00 (0.00%)
03 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Nb Distressed Debt Investment Fund Limited NBDD London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.62 08:00:00
Open Price Low Price High Price Close Price Previous Close
0.62 0.62 0.62 0.62 0.62
more quote information »

Nb Distressed Debt Inves... NBDD Dividends History

No dividends issued between 03 Dec 2014 and 03 Dec 2024

Top Dividend Posts

Top Posts
Posted at 09/8/2017 08:08 by skyship
After another long pause, NBDD has once again started to make a few NBDG buybacks. 2x20k @ 78.5p last week; followed by 40k @ 78.5p yesterday.

Obviously the right thing to do as at 78.5p the discount is 16.6% to the 7th Aug'17 NAV of 94.11p...
Posted at 29/12/2013 17:57 by jonwig
Europe is ripe for a surge of leveraged buyout restructurings as banks sell their worst-performing loans to "distress investors" eager to take over the borrowers.



NBDD have already announced a new share class to target this.
Posted at 14/1/2013 13:09 by pejaten
Jonwig I see that asset value published at interim was 2 or 3% higher than the asset value announced at end if June. Guess there could be similar uplift at year end if there are assets that do not have a ready market value?Income received on investment seems very low so guess that any dividend would only be nominal
Posted at 31/3/2012 15:40 by jonwig
SKYSHIP - well, I was lucky, I suppose ... but NBDD aren't actually doing what they say they'll do - like pay most of income out in divis: we haven't had one yet. (Expenses seem to exceed interest income.)

Also, the NAV should be making more progress with the increased confidence in the US economy. (Hence my weekly record.)

FY results due in a couple of weeks - will probably wait until then before holding or exiting.