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VPC Specialty Investments Raises GBP183 Million From C Share Issue (ALLISS)

Wed, 30th Sep 2015 12:19

LONDON (Alliance News) - VPC Specialty Lending Investments PLC on Wednesday said it has raised GBP183.0 million from its C share issue.

A total of 183.0 million shares were issued under the transaction at 100.00 pence per share, the company said. Shares in VPC were up 1.0% to 103.25 pence on Wednesday.

Victory Park Capital Advisors LLC, the investment manager of the fund, said the proceeds will be used to invest in the specialty lending market.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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