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12.55    0.05 (0.40%)
Bid:
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Spread: 2.90 (26.126%)
Market Cap: £15.16m
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First Light Loan Repayment

4 Jul 2016 07:00

RNS Number : 0546D
ICG-Longbow Snr Sec UK Prop DebtInv
04 July 2016
 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE REPUBLIC OF SOUTH AFRICA OR JAPAN.

 

4 July 2016

 

ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)

First Light Loan Repayment

 

The borrower under the Company's First Light Portfolio loan has now completed the refinancing of the properties which provided security for the Company's loan. As a result the £1.75 million loan has been repaid in full, together with interest and prepayment fees of approximately £0.15m in aggregate. The total proceeds of this repayment will be received by the Company shortly.

 

 

Enquiries:

Heritage International Fund Managers Limited:

Mark Huntley

James Christie

 

 

+44 (0)14 8171 6000

Cenkos Securities Ltd

Will Rogers

Ollie Packard

+44 (0)20 7397 1920

+44 (0)20 7397 1918

 

 

Maitland Consultancy Limited:

Rebecca Mitchell

Seda Ambartsumian

+44 (0)20 7379 5151

 

 

Further information on the Company can be found on its website at http://www.lbow.co.uk.

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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