PROVENTUS CAPITAL PARTNERS IV ISSUES NEW DEBENTURES

Stockholm, 2 April 2020

PROVENTUS CAPITAL PARTNERS IV ISSUES NEW DEBENTURES

Proventus Capital Partners IV AB (publ) today announces that on 20 April 2020, the company will increase 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 0.04 million.

The new debentures will be eligible for coupon payments from the second quarter 2020.

Including the newly issued debentures, Proventus Capital Partners IV’s funding amounts to EUR 81.3 million comprised of series A1 participation loan debentures of EUR 81.0 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 Capital, phone: + 46 8 723 31 00