KKV Secured Loan Fund Ltd - equipment leasing and asset finance investment company - Loan within C share class portfolio has been refinanced with another provider for the consideration of GBP16.8 million, which is the total amount outstanding.
KKV will also receive an early repayment premium of between GBP700,000 to GBP800,000 next year.
In addition, the company has disposed of its interest in a loan held within the ordinary share class portfolio for USD1.0 million.
Current stock price: 15.70 pence
Year-to-date change: down 11%
By Dayo Laniyan; dayolaniyan@alliancenews.com
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