ANNOUNCEMENT OF THE NAV OF PROVENTUS CAPITAL PARTNERS IV B
Stockholm, 30 June 2020
Today the Net Asset Values of the Proventus Capital Partners IV B participation loan debentures are being announced. At the close of business on 29 June, the Net Asset Value of the series A1 participation loan debentures amounted to EUR 102.75 each, and the Net Asset Value of the series B participation loan debenture amounted to EUR 1,034.5 each.
The Net Asset Value of Proventus Capital Partners IV B 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 B increasing its contributed capital by EUR 37 million through the issuance of 162,300 series A1 and 15,000 series A2 participation loan debentures at a price of EUR 100 each and 19,125 series B participation loan debentures at a price of EUR 1,000 each and by an equity contribution of EUR 0.14 million.
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 B 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: + 46 8 723 31 00