CORRECTION: PROVENTUS CAPITAL PARTNERS IV B ISSUES NEW DEBENTURES

The date of the capital increase was incorrectly stated to be 12 February but the correct date is 26 February.

PRESS RELEASE

Proventus Capital Partners IV B AB (publ) today announces that on 26 February 2021, the company will increase its contributed capital by EUR 49.3 million through the issuance of 216,400 series A1 and 20,000 series A2 participation loan debentures at a price of EUR 100 each and 25,500 series B participation loan debentures at a price of EUR 1,000 each and by an equity contribution of EUR 0.18 million.

The new debentures will be eligible for coupon payments from the second quarter 2021.

Including the newly issued debentures, Proventus Capital Partners IV B’s funding amounts to EUR 406.9 million comprised of series A1 participation loan debentures of EUR 178.5 million, series A2 participation loan debentures of EUR 16.5 million, series B participation loan debentures of EUR 210.4 million and EUR 1.5 million in equity. 

Proventus 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. Proventus Capital also conducts investments in publicly traded corporate credits. The funds of Proventus Capital have combined assets of EUR 2.5 billion and are managed by Proventus Capital Management AB, which is owned by management. Proventus AB, founded and owned by Robert Weil, is one of the largest investors in the funds of Proventus Capital. The Proventus Capital Partners IV series A1 participation loan debentures and series B participation loan debentures are issued by Proventus Capital Partners IV B 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 20.

Daniel Sachs
CEO Proventus Capital
Phone: 08 723 31 00