SWEF: February 2020 NAV (1000393)

 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: February 2020 NAV 
 
18-March-2020 / 10:45 GMT/BST 
Dissemination of a Regulatory Announcement that contains inside information 
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
18 March 2020 
************* 
 
Starwood European Real Estate Finance Limited 
      (the "Company") (Ticker: "SWEF") 
 
Net Asset Value, 29 February 2020 
 
This announcement contains price sensitive information. 
  As at the close of business on 29 February 2020, the unaudited 
   cum-dividend net asset value of the Company's Ordinary Shares 
  was 101.93p. The unaudited cum-dividend net asset value of the 
Company's Ordinary Shares has fallen from 102.12 pence per share 
     on 31 January 2020 to 101.93 pence per share on 29 February 
          2020. The change in net asset value is attributable to 
  unrealised foreign exchange losses being recognised during the 
                                                          month. 
 
Loans advanced                                           GBP410.3m 
Financial assets at fair value through profit or loss     GBP27.6m 
(including 
 
accrued income) 
Cash and cash equivalents                                 GBP11.0m 
Borrowing facilities (including accrued interest)       GBP(27.5m) 
Other net assets/(liabilities)                           GBP(0.2m) 
Net assets                                               GBP421.2m 
 
      Capital amounts drawn as at 29 February 2020 and amounts committed but 
           undrawn as at 29 February 2020 is shown below. 
 
                                   Local Currency Sterling (2) 
Amounts drawn GBPm (1)                      GBP205.7m      GBP205.7m 
Amounts drawn &eurom (1)              &euro264.8m      GBP225.8m 
                                                       GBP431.5m 
Committed but undrawn Loans GBPm             GBP41.3m       GBP41.3m 
Committed but undrawn Loans &eurom     &euro42.8m       GBP36.5m 
                                                        GBP77.8m 
 
  (1) Balance includes both loans accounted at amortised cost and loans held 
        at fair value through profit or loss. The amounts correspond to cash 
           advanced, not values shown on statement of financial position. 
 
(2) Euro amounts drawn and commitments converted at the month end spot rate. 
The difference between amounts drawn in the table above and "Loans advanced" 
           in the first table is accrued income. 
 
Enquiries: 
********** 
 
    Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary 
 
Vânia Santos 
T: [phone] 
E: [e-mail] 
 
           Starwood European Real Estate Finance Limited 
 
ISIN:          GG00B79WC100 
Category Code: NAV 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  53083 
EQS News ID:   1000393 
 
End of Announcement EQS News Service 
 
 

(END) Dow Jones Newswires

March 18, 2020 06:45 ET (10:45 GMT)