PROVENTUS CAPITAL PARTNERS IV ISSUES NEW DEBENTURES
PRESS RELEASE
Proventus Capital Partners IV AB (publ) today announces that on 3 May 2021, the company will increase its contributed capital by EUR 7.7 million through the issuance of 77,120 series A1 participation loan debentures at a price of EUR 100 each and by an equity contribution of EUR 0.03 million.
The new debentures will be eligible for coupon payments from the third quarter 2021.
Including the newly issued debentures, Proventus Capital Partners IV’s funding amounts to EUR 135.5 million comprised of series A1 participation loan debentures of EUR 135 million and EUR 0.5 million in equity.
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 IV series A1 participation loan debentures are issued by Proventus Capital Partners IV 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 40.
Daniel Sachs,
CEO P Capital,
Phone: +46 8 723 31 00