ICG-Longbow Snr Sec UK Prop DebtInv Portfolio Update (4057J)
August 15 2023 - 9:54AM
UK Regulatory
TIDMLBOW
RNS Number : 4057J
ICG-Longbow Snr Sec UK Prop DebtInv
15 August 2023
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR
INDIRECTLY, IN OR INTO, THE UNITED STATES, AUSTRALIA, CANADA, THE
REPUBLIC OF SOUTH AFRICA OR JAPAN.
15 August 2023
ICG-Longbow Senior Secured UK Property Debt Investments Limited
(the Company)
Portfolio Update
The Company announces that, in conjunction with its co-lenders,
it has appointed an administrator over all the remaining
property-owning guarantors within the RoyaleLife borrower group.
This follows the Company's announcement on 12 May 2023 that it had
appointed an administrator in relation to the RoyaleLife loan.
These measures are to further protect the interest of the
lenders.
The Company is unable to provide further detail at present to
protect sensitive commercial negotiations but will make further
announcements in due course.
For further information, please contact:
Ocorian Administration (Guernsey) Limited
Louise Manklow +44 (0)14 8174 2742
Cenkos Securities:
Will Talkington +44 (0)20 7397 1910
Daniel Balabanoff +44 (0)20 7397 1909
Further information on the Company can be found on its website
at http://www.lbow.co.uk .
ICG Longbow LEI: 2138008BKBH3OP2CA764
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