ANNOUNCEMENT OF THE NAV OF PROVENTUS CAPITAL PARTNERS IV
Today the Net Asset Values of the Proventus Capital Partners IV participation loan debentures are being announced. At the close of business on 27 March, the Net Asset Value of the series A1 participation loan debentures amounted to EUR 104.07 each.
The Net Asset Value of Proventus Capital Partners IV participation loan debentures is to be calculated at the close of each quarter and in conjunction with a capital increase or decrease.
The Net Asset Value has been set as a result of Proventus Capital Partners IV increasing its contributed capital by EUR 11.6 million through the issuance of 115,680 series A1 participation loan debentures at a price of EUR 100 each and by an equity contribution of EUR 0.13 million.
Including the newly issued debentures, Proventus Capital Partners IV’s funding amounts to EUR 69.7 million comprised of series A1 participation loan debentures of EUR 69.4 million and EUR 0.3 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 publically 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 are issued by Proventus Capital Partners IV AB (publ) and are listed on the Debt Securities segment of Nordic Growth Market NGM in Stockholm. The number of debenture holders amounts to approximately 40.
Daniel Sachs, CEO Proventus, phone: + 46 8 723 31 00