Sign In
Last checked at 
8 Nov 2024 07:00
8 November 2024
NB Distressed Debt Investment Fund Limited
(the "Company")
Income Distribution
The Board of the Company is pleased to announce an income distribution by way of a dividend of $0.0148 per Extended Life Share and £0.0220 per New Global Share (collectively the "Share Classes"), to be payable on 9 December 2024 to shareholders on the register of the respective Share Classes as at the close of business on 22 November 2024.
These dividends represent the income distribution for the year ended 31 December 2023 and are funded from asset realisations; shareholders should note that the exact amount and timing of any future income distributions may vary depending on the amounts of income received by the Company less relevant expenses.
The Board has declared the respective dividend for each share class in accordance with the Company's distribution policy, as set out in the respective Prospectus for each applicable share class and the Articles of Incorporation, which requires that all income from the Company's Share Classes be distributed after deducting reasonable expenses, subject to the solvency test prescribed by Guernsey law.
Expected timetable:
Ex-dividend date 21 November 2024
Dividend record date 22 November 2024
Dividend payment date 9 December 2024
LEI: YRFO7WKOU3V511VFX790
Enquiries:
Suntera (Guernsey) Limited
Company Secretary
Tel: +44 (0) 1481 700300
Email: NB.Distressed@suntera.com
U.S. Bank Global Fund Services (Guernsey) Limited
Administrator
Tel: +44 (0) 1481 723450
Jefferies International Limited
Financial Adviser and Corporate Broker
Tel: +44 (0)20 7029 8000
Neuberger Berman Europe Limited
Manager
Tel: +44 20 7355 7229
Neuberger Berman Investment Advisers LLC
Alternative Investment Fund Manager
Tel: +1 (312) 325-7700
KL Communications
Tel: +44 (0)20 3603 2803, nbdd@kl-communications.com
NB Distressed Debt Investment Fund Limited
The Company is a closed-ended investment company incorporated and registered in Guernsey on 20 April 2010 with registration number 51774. The Company is governed under the provisions of the Companies (Guernsey) Law, 2008 (as amended) (the "Law"), and the Registered Collective Investment Scheme Rules and Guidance 2021 issued by the Guernsey Financial Services Commission ("GFSC"). It is a non-cellular company limited by shares and has been declared by the GFSC to be a registered closed-ended collective investment scheme. The Company trades on the Specialist Fund Segment ("SFS") of the London Stock Exchange ("LSE"). The Company is a member of the Association of Investment Companies (the "AIC") and is classified within the Debt - Loans & Bonds Category
Follow the stocks
