PROVENTUS CAPITAL ANNOUNCES NAV OF PROVENTUS CAPITAL PARTNERS III

Press release

Stockholm, 7 July 2020

Proventus Capital today announces that, at the close of business on 30 June 2020, the Net Asset Value per participation loan debentures of Proventus Capital Partners III, is SEK 410,404 for series A and SEK 10,264,350 for series B.

No distribution of Ordinary Income will be made for the second quarter. SEK 9,000 per series A debenture and SEK 225,000 per series B debenture will be distributed as partial repayment of the participation loan debentures on 28 July 2020.

Proventus Capital Partners III’s assets are composed of 0.6 per cent publicly traded corporate bonds, and 99.4 per cent privately issued corporate loans.

During the quarter, Proventus Capital Partners III made add-on investments in two private loans.

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 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 debentureholders amounts to approximately 50.

Daniel Sachs, CEO Proventus Capital, phone: + 46 8 723 31 00