Additional Advance to Northlands

RNS Number : 6663A

ICG-Longbow Snr Sec UK Prop DebtInv

27 March 2017

 

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

27^th March 2017

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

Portfolio Update

The Company has advanced a further £500,000 to the borrower of the Group's Northlands loan, to progress capital expenditure works and meet certain corporate costs.  The increase is on substantially the same terms and conditions as the existing loan.

For further information, please contact:

Heritage International Fund Managers Limited:
Mark Huntley James Christie			[phone]
Cenkos Securities plc Will Rogers	[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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