December 2020 Tender Price

RNS Number : 5188M

CVC Credit Partners European Opps.

21 January 2021

 

21 January 2021

CVC Credit Partners European Opportunities Limited

December 2020 Tender Price

CVC Credit Partners European Opportunities Limited (the "Company") announces the following in relation to its December 2020 Tender:

Euro Shares¹

Shares tendered	4,804,474
31 December 2020 NAV per Euro Share	€0.9657
Tender Price	€0.9557

Sterling Shares¹

Shares tendered	23,256,443
31 December 2020 NAV per Sterling Share	£1.0299
Tender Price	£1.0199

The Tender Price equals the NAV per Share as at 31 December 2020 minus £0.01 / €0.01 (being 1% of the Placing Price), as applicable.

It is anticipated that payment for the December 2020 tender will be made on 18 February 2021.

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 11 February 2021.

Terms defined in the Company's prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

CVC Credit Partners European Opportunities Limited :  [phone]
Richard Boléat

BNP Paribas Securities Services S.C.A., Jersey Branch   [phone]

¹ In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 4,758,594 Euro Company Investment Vehicle Interests (based on a net asset value of €0.975011) and 23,337,219 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.026335) and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

 

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