JZ CAPITAL PARTNERS LTD
JZ CAPITAL PARTNERS INTENDS TO INCREASE CREDIT FACILITY BY $50 MILLION
21 March 2017
JZ Capital Partners Limited (LSE:JZCP.L or “JZCPâ€), the London listed fund that invests in US and European micro-cap companies and US real estate, today announces its intention to increase its c.$100 million credit facility with Guggenheim Partners by $50 million.
The purpose of this increase in borrowings is to provide additional liquidity to JZCP in order to bridge certain planned realisations. The entire $150 million facility may be repaid, in whole or in part, with no penalty after June 2017.
Ends
For further information:
Ed Berry / Kit Dunford +44 (0) 20 3727 1143
FTI Consulting
David Zalaznick +1 212 485 9410
Jordan/Zalaznick Advisers, Inc.
Teresa Le Couteur-Tembo +44 (0) 1481 745741
JZ Capital Partners
About JZCP
JZCP is a London listed fund which invests in US and European micro-cap companies and US real estate. Its objective is to achieve an overall return comprised of a current yield and capital appreciation. JZCP receives investment advice from Jordan/Zalaznick Advisers, Inc. (“JZAIâ€) which is led by David Zalaznick and Jay Jordan. They have worked together for 30 years and are supported by teams of investment professionals in New York, Chicago, London and Madrid. JZAI’s experts work with the existing management of micro-cap companies to help build better businesses, create value and deliver strong returns for investors. JZCP also invests in mezzanine loans, first and second lien investments and other publicly traded securities. For more information please visit www.jzcp.com.