15 Oct 2018 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.
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15 October 2018
ICG-Longbow Senior Secured UK Property Debt Investments Limited (the Company)
Portfolio Update
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The borrower under the Group's Hulbert loan has completed a sale and refinancing of the properties which provided security for the Group's loan. As a result, the £6.565 million loan has been repaid in full, together with accrued interest, exit and prepayment fees of approximately £0.26 million in aggregate.
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As highlighted in the Company's Interim Financial Statements, the Investment Manager has an encouraging pipeline of opportunities in which it is seeking to reinvest these proceeds in the near term.
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For further information please contact:
Estera International Fund Managers (Guernsey) Limited: | |
James Christie  | +44 (0)14 8174 2742 |
Cenkos Securities: | |
Will Rogers Alex Collins  | +44 (0)20 7397 1920 +44 (0)20 7397 1913  |
Maitland Consultancy Limited: | |
Rebecca Mitchell | +44 (0)20 7379 5151 Â |
ICG-Longbow Martin Wheeler David Mortimer | Â +44 (0)20 3201 7502 +44 (0)20 3201 7532 |
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Further information on the Company can be found on its website at http://www.lbow.co.uk.
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