Dow Jones received a payment from EQS/DGAP to publish this press release.

 
 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: Extension of Revolving Credit Facility 
 
09-Oct-2018 / 07:00 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. 
 
                                                              9 October 2018 
 
 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, 
     AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN, NEW ZEALAND OR ANY JURISDICTION 
         WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR 
                                            REGULATIONS OF SUCH JURISDICTION 
 
               Starwood European Real Estate Finance Limited 
 
                   Extension of Revolving Credit Facility 
 
Starwood European Real Estate Finance Limited (the "Company") announces that 
   it has extended the maturity of its existing GBP50 million revolving credit 
       facility ("RCF") with Lloyds Bank plc. The RCF was due to expire on 8 
              October 2018 and has been successfully extended to 8 May 2020. 
 
 The RCF is an important tool in liquidity management, providing flexibility 
     to finance new investments and manage loan repayments which enables the 
Company to efficiently manage its cash, investment portfolio and fundraising 
                                                                      needs. 
 
     According to the Company's Investment Policy, the Company is limited to 
        aggregate short and long term borrowings at the time of the relevant 
     drawdown in an amount equivalent to a maximum of 30 per cent of NAV but 
  longer term borrowings will be limited to 20 per cent of NAV in any event. 
 
                                    For further information, please contact: 
 
Ipes (Guernsey) Limited as Company Secretary - 01481 735810 
 
                                                                Sarah Newton 
 
                                            Starwood Capital - 020 7016 3655 
 
                                                           Duncan MacPherson 
 
                              Stifel Nicolaus Europe Limited - 020 7710 7600 
 
                                                                Neil Winward 
 
                                                             Mark Bloomfield 
 
                                                               Gaudi Le Roux 
 
                                                                      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: MSCM 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  6152 
EQS News ID:   731335 
 
End of Announcement EQS News Service 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=731335&site_id=vwd_london&application_name=news 
 

(END) Dow Jones Newswires

October 09, 2018 02:02 ET (06:02 GMT)

Starwood European Real E... (LSE:SWEF)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Starwood European Real E... Charts.
Starwood European Real E... (LSE:SWEF)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Starwood European Real E... Charts.