Asset Update

RNS Number : 7532D
SLF Realisation Fund Limited
21 October 2022
 

 

21 October 2022

SLF Realisation  Fund Limited

 ("the Company")

LEI: 2138007S3YRY3IUU4W39

ASSET UPDATE - BORROWER 19

 

SLF Realisation Fund Limited (the "Company") announces that Borrower 19*, a loan held within the Ordinary Share portfolio, has experienced a negative credit event following the collapse of a business sales process and the business being placed into administration by the management team. The valuation of Borrower 19 as at 30 June 2022 was 2.5m, representing 0.7p pence per Ordinary Share. 

The Company is working with Borrower 19 and the administrators to gather further information and assess the Company's options.


For further information please contact: 

SLF Realisation Fund Limited

Brett Miller

 

via the Company Secretary

BNP Paribas S.A.,

Guernsey Branch

Company Secretary

 

01481 750 853

guernsey.bp2s.slf.co.sec@bnpparibas.com

Winterflood Securities Limited

Neil Langford

Chris Mills


 

* as referenced in the June 2022 Full Year Report and Accounts

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