First Light Loan Repayment

RNS Number : 0546D

ICG-Longbow Snr Sec UK Prop DebtInv

04 July 2016

 

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

4 July 2016

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

First Light Loan Repayment

The borrower under the Company's First Light Portfolio loan has now completed the refinancing of the properties which provided security for the Company's loan. As a result the £1.75 million loan has been repaid in full, together with interest and prepayment fees of approximately £0.15m in aggregate. The total proceeds of this repayment will be received by the Company shortly.

Enquiries:

Heritage International Fund Managers Limited:
Mark Huntley James Christie			[phone]
Cenkos Securities Ltd Will Rogers                                          Ollie Packard	[phone]      [phone]
Maitland Consultancy Limited:
Rebecca Mitchell Seda Ambartsumian		[phone]

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

 

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