P CAPITAL ANNOUNCES NAV OF P CAPITAL PARTNERS III

Press release

Stockholm, 6 October 2023

P Capital today announces that, at the close of business on 30 September 2023, the Net Asset Value per participation loan debentures of P Capital Partners III, was SEK 187,874 for series A and SEK 4,715,693 for series B.

No ordinary income will be distributed for the quarter. A partial repayment of the participation loan debentures amounting to SEK 8,000 per series A debenture and SEK 200,000 per series B debenture will be made on 27 October 2023.

P Capital Partners III’s assets are composed of 1.9 per cent publicly traded corporate bonds and 98.1 per cent privately issued corporate loans.

During the quarter, P Capital Partners III made no add-on investments, no loans were repaid but a preference share holding and a high yield bond was called and repaid.

P Capital is an active credit investor and loan provider to Northern and Western European companies in need of capital for expansion, acquisition financing, restructurings and refinancing. P Capital also conducts investments in publicly traded corporate credits. The P Capital Partners III series A1 participation loan debentures and series B participation loan debentures are issued by P Capital Partners III AB (publ) and are listed on the Miscellaneous Nordic AIF Sweden-segment under Main Regulated at NGM in Stockholm. The number of debenture holders amounts to approximately 50.

Daniel Sachs
CEO P Capital
Phone: +46 8 25 00 00