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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION
27th March 2017
ICG-Longbow Senior Secured UK Property Debt Investments Limited(the Company)
Portfolio Update
The borrower under the Group's Lanos (York) loan has completed a refinancing of the property which provided security for the Group's loan. As a result, the £10 million loan has been repaid in full, together with accrued interest, exit and prepayment fees of approximately £1.1 million in aggregate.
The Investment Manager is seeking to reinvest these proceeds under the Group's new investment policy, and has built a pipeline of potential opportunities for redeployment.
For further information, please contact:
Heritage International Fund Managers Limited: | |||
Mark Huntley James Christie | +44 (0)14 8171 6000 | ||
Cenkos Securities plc Will Rogers | +44 (0)20 7397 1920 | ||
Maitland Consultancy Limited: | |||
Rebecca Mitchell Seda Ambartsumian | +44 (0)20 7379 5151 | ||
Further information on the Company can be found on its website athttp://www.lbow.co.uk.
ICG-Longbow Senior Secured UK Property Debt Investments Ltd. published this content on 27 March 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 March 2017 16:19:09 UTC.
Original documenthttp://otp.investis.com/clients/uk/icg_longbow/rns/regulatory-story.aspx?cid=684&newsid=857530
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