December 2020 Tender Price

RNS Number : 5188M
CVC Credit Partners European Opps.
21 January 2021
 

21 January 2021

CVC Credit Partners European Opportunities Limited

December 2020 Tender Price

 

CVC Credit Partners European Opportunities Limited (the "Company") announces the following in relation to its December 2020 Tender:

 

Euro Shares1

 

Shares tendered

4,804,474



31 December 2020 NAV per Euro Share

€0.9657



Tender Price

€0.9557

 

Sterling Shares1

 

Shares tendered

23,256,443



31 December 2020 NAV per Sterling Share

£1.0299



Tender Price

£1.0199

 

 

The Tender Price equals the NAV per Share as at 31 December 2020 minus £0.01 / €0.01 (being 1% of the Placing Price), as applicable.

 

It is anticipated that payment for the December 2020 tender will be made on 18 February 2021.

 

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 11 February 2021.

 

Terms defined in the Company's prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

 

CVC Credit Partners European Opportunities Limited :  +44 (0)1534 625 522
Richard Boléat

 

BNP Paribas Securities Services S.C.A., Jersey Branch   +44 (0)1534 709 181

 

 

1 In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 4,758,594 Euro Company Investment Vehicle Interests (based on a net asset value of €0.975011) and 23,337,219 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.026335) and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

 

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