TIDMLBOW

RNS Number : 4791Z

ICG-Longbow Snr Sec UK Prop DebtInv

20 May 2019

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

20(th) May 2019

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

Portfolio Update

The borrower under the Group's Commercial Regional Space loan has completed a refinancing of the properties which provided security for the Group's loan. As a result, the GBP22.4 million loan has been repaid in full, together with accrued interest and exit fees of GBP0.32 million in aggregate.

The proceeds of the repayment will be applied to pay down the Company's revolving credit facility, and to reinvest in the strong pipeline of new lending opportunities which the Company is currently executing, as highlighted in the Company's Annual Financial Statements.

For further information please contact:

 
 Estera International Fund Managers (Guernsey) Limited: 
 Louise Manklow             +44 (0)14 8174 2783 
 Cenkos Securities: 
 Will Rogers                +44 (0)20 7397 1920 
  Alex Collins               +44 (0)20 7397 1913 
 Maitland Consultancy Limited: 
 Rebecca Mitchell           +44 (0)20 7379 5151 
 ICG-Longbow 
  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.

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.

END

PFULLFSFEIIALIA

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May 20, 2019 02:01 ET (06:01 GMT)

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