Last checked at 
5 Dec 2013 07:00
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.
5th December 2013
ICG-Longbow Senior Secured UK Property Debt Investments Limited (LBOW)
Advancement of Loan
The Company has completed its fifth transaction with a £6.565 million loan to Hulbert Properties Limited.
The facility has a maturity date of November 2018 and is secured by a first and only charge on a portfolio of industrial properties situated in the West Midlands (92%) and South West (8%). The security portfolio comprises 12 properties with a diverse income stream from 14 separate tenants. The loan is fully compliant with the parameters set out in the Prospectus.
The completion of this loan increases the total investments made to date to £64.105 million, representing 62.54% of available capital.
For further information, please contact:
Heritage International Fund Managers Limited: | |
Mark Huntley James Christie | +44 (0)14 8171 6000 |
Investec Bank plc: | |
Tim Mitchell | +44 (0)20 7597 4000 |
Jeremy Ellis | |
Maitland Consultancy Limited: | |
Rebecca Mitchell | +44 (0)20 7379 5151
|
Further information on the Company can be found on its website at http://www.lbow.co.uk.