P CAPITAL ANNOUNCES NAV OF PROVENTUS CAPITAL PARTNERS III

Press release

P Capital today announces that, at the close of business on 31 March 2021, the Net Asset Value per participation loan debentures of Proventus Capital Partners III, was SEK 347,938 for series A and SEK 8,701,679 for series B.

Ordinary income of SEK 6,949 per series A participation loan debenture and SEK 176,947 per series B participation loan debenture will be distributed on 16 April 2021. A partial repayment will be made on 30 April 2021 amounting to SEK 9,000 per series A debenture and SEK 225,000 per series B debenture.

Proventus Capital Partners III’s assets are composed of 0.5 per cent publicly traded corporate bonds and 99.5 per cent privately issued corporate loans.

During the quarter, Proventus Capital Partners III made no investments and two private loans were fully 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 funds of P Capital have combined assets of EUR 2.5 billion and are managed by P Capital Partners AB, which is owned by management. Proventus AB, founded and owned by Robert Weil, is one of the largest investors in the funds of P Capital. The Proventus Capital Partners III series A1 participation loan debentures and series B participation loan debentures are issued by Proventus 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 8 723 31 00