September 2020 Tender Price

RNS Number : 9511C

CVC Credit Partners European Opps.

22 October 2020

 

22 October 2020

CVC Credit Partners European Opportunities Limited

September 2020 Tender Price

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

Euro Shares¹

Shares tendered	4,000,022
30 September 2020 NAV per Euro Share	€0.9167
Tender Price	€0.9067

Sterling Shares¹

Shares tendered	7,583,983
30 September 2020 NAV per Sterling Share	£0.9750
Tender Price	£0.9650

The Tender Price equals the NAV per Share as 30 September 2020 minus £0.01 / €0.01 (being 1% of the Placing Price), as applicable.

It is anticipated that payment for the 30 September 2020 tender will be made on 16 November 2020.

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 10 November 2020.

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 3,965,536 Euro Company Investment Vehicle Interests (based on a net asset value of €0.924672) and 7,611,385 Sterling Company Investment Vehicle Interests (based on a net asset value of £0.971490) which has been accepted 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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