ICG-Longbow Senior Secured-UK Property Debt Investments Limited GBP · LSE:LBOW
ICG-Longbow Senior Secured-UK Property Debt Investments Limited GBP — ICG-Longbow Senior Secured UK Property Debt Investments — Fact Sheet (October 2022)
8 slides from ICG-Longbow Senior Secured-UK Property Debt Investments Limited GBP's fact sheet, Oct 31, 2022
Slide 1: Senior Secured UK Property Debt Investments Ltd Fact Sheet
Senior Secured UK Property Debt Investments Ltd Fact Sheet As at 31st October 2022
Slide 2: Investment Objective
Investment Objective On 3rd November 2020, the Board announced that it had decided to recommend to shareholders that the investment objective and policy of the Company are amended so that the Board can pursue a strategy of orderly realisation and the return of capital over time to shareholders. This
Slide 3: Summary
3 Summary Fund facts Fund launch: 5 February 2013 Fund type: Closed ended investment company Investment Manager: ICG Alternative Investment Ltd Domicile: Guernsey Base currency: GBP Listing: London Stock Exchange Issued shares: 121.30 million ISIN code: GG00B8C23S81 Investment Management fee: 1.0% L
Slide 4: Investment Portfolio as at 31 October 2022
Investment Portfolio as at 31 October 2022 Unexp. Day 1 Day 1 Balance Balance Current term balance LTV outstanding (1) undrawn LTV Project Region Sector Term start (years) (£m) (%) (£m) (£m) (%) Affinity South West Office Mar-18 0.00 14.20 67.3 17.30 0.00 68.4 Southport North West Hotel Feb-19 0.45
Slide 5: Investment Manager's Commentary
5 Investment Manager’s Commentary Summary At 31 October 2022 the investment portfolio comprised five loans. As at Quarter end or during the period: • Par value of the loan portfolio of £73.9 million (31 July 2022: £74.7 million) • NAV per share of 66.5 pence (31 July 2022: 66.4 pence) • Weighted ave
Slide 6: Market Commentary
Market Commentary Economic and market conditions in the quarter were turbulent, in particular in the UK where the impact and aftermath of the ‘mini-budget’ in late September 2022 dominated headlines. In an environment of elevated inflation the Government’s announcements of increased spending (notabl
Slide 7: Outlook
7 Outlook The Company’s loan portfolio totalled approximately £74 million at period end. As highlighted above exit processes are underway across the loan portfolio, which in many cases are well advanced. Nonetheless market conditions remain challenging and we are closely monitoring our borrowers’ pr
Slide 8: Disclaimer
Disclaimer The materials being provided to you are intended for informational purposes and convenient reference only and may not be relied upon for any purpose whatsoever. The materials are issued by ICG Alternative Investment Limited (“ICG Real Estate”). This information is not intended to provide,
ICG-Longbow Senior Secured UK Property Debt Investments — Fact Sheet (October 2022) on 6ix