LONDON (Alliance News) - HarbourVest Senior Loans Europe Ltd is proposing the voluntary winding-up of the company and the cancellation of its listing on the main market following the previously reported agreement to sell the remaining four loans in the portfolio.
Shareholders will vote on the proposals at an extraordinary general meeting in November.
"After accruing all expenses associated with the liquidation, the company expects to return approximately 26 pence per share to shareholders," HarbourVest Senior Loans Europe said in a statement.
The news came within the company's annual report for the year ended June 30.
Spire Partners LLP is the company's investment manager.
HarbourVest Senior Loans Europe shares were down 2.4% at 26.00 pence pence on Wednesday.
By Samuel Agini; samagini@alliancenews.com; @samuelagini
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