TIDMLBOW

RNS Number : 4640L

ICG-Longbow Snr Sec UK Prop DebtInv

13 January 2021

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

13 January 2021

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

Portfolio Update

The Company has received repayment in full of the GBP4.3 million Carrara loan, following a sale of the property securing the loan. The repayment is accompanied by interest and fees of approximately GBP0.1 million in aggregate.

In the light of the forthcoming Extraordinary General Meeting to consider a resolution to change the Company's investment objective and investment policy, the Company intends to retain the proceeds pending the determination of such resolution.

For further information, please contact:

 
 Ocorian Administration (Guernsey) Limited 
 Anna Storey          +44 (0)14 8174 2742 
 Cenkos Securities: 
 Will Rogers          +44 (0)20 7397 1920 
 Maitland Consultancy Limited: 
 Vikki Kosmalska      +44 (0)20 7379 5151 
 ICG Real Estate 
  Martin Wheeler        +44 (0)20 3201 7502 
  David Mortimer        +44 (0)20 3201 7532

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

ICG Longbow LEI: 2138008BKBH3OP2CA764

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

PFUFLFLTLDIFLIL

(END) Dow Jones Newswires

January 13, 2021 02:00 ET (07:00 GMT)

Icg-longbow Senior Secur... (LSE:LBOW)
Historical Stock Chart
From Mar 2024 to Apr 2024 Click Here for more Icg-longbow Senior Secur... Charts.
Icg-longbow Senior Secur... (LSE:LBOW)
Historical Stock Chart
From Apr 2023 to Apr 2024 Click Here for more Icg-longbow Senior Secur... Charts.