SWEF : Investment Update
December 21 2017 - 7:28AM
UK Regulatory
Dow Jones received a payment from EQS/DGAP to publish this press
release.
Starwood European Real Estate Finance Ltd (SWEF)
SWEF : Investment Update
21-Dec-2017 / 13:25 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
21 December 2017
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY, TO U.S. PERSONS OR IN, INTO OR FROM THE UNITED STATES,
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REGULATIONS OF SUCH JURISDICTION
Starwood European Real Estate Finance Limited: Investment Update
Starwood European Real Estate Finance Limited (the "Company" and, together
with its subsidiaries, the "Group") is pleased to announce that the Group
has entered into a new revolving credit facility and that the Group has made
a new investment.
On 18 December 2017 the Group entered into a new GBP64 million secured
borrowing facility (the "Secured Facility"). The Secured Facility provides
for additional flexibility and optionality for the Group to implement its
investment strategies. The Secured Facility is a 5 year revolving credit
facility allowing both for term financing of whole loans and additional
capacity to bridge syndication strategies.
On 20 December 2017 the Group closed on a GBP45.87 million mezzanine loan
secured by a well invested portfolio of geographically diversified hotels in
strong regional UK cities. The Group expects to earn an attractive
risk-adjusted return in line with its stated investment strategy.
For further information, please contact:
Duncan MacPherson - Starwood Capital - 020 7016 3655
Robert Peel - Fidante Capital - 020 7832 0900
Notes:
Starwood European Real Estate Finance Limited is an investment company
listed on the main market of the London Stock Exchange with an investment
objective to provide Shareholders with regular dividends and an attractive
total return while limiting downside risk, through the origination,
execution, acquisition and servicing of a diversified portfolio of real
estate debt investments in the UK and the wider European Union's internal
market. www.starwoodeuropeanfinance.com [1].
The Group is the largest London-listed vehicle to provide investors with
pure play exposure to real estate lending.
The Group's assets are managed by Starwood European Finance Partners
Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.
ISIN: GG00B79WC100
Category Code: PFU
TIDM: SWEF
LEI Code: 5493004YMVUQ9Z7JGZ50
Sequence No.: 5042
End of Announcement EQS News Service
641221 21-Dec-2017
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=641221&site_id=vwd_london&application_name=news
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December 21, 2017 08:28 ET (13:28 GMT)
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