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Starwood European Real Estate Finance Ltd (SWEF)
SWEF: Investment Update
18-May-2018 / 16:56 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information
according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
18 May 2018
NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, DIRECTLY
OR INDIRECTLY, TO U.S. PERSONS OR IN, INTO OR FROM THE UNITED STATES,
AUSTRALIA, CANADA, SOUTH AFRICA, JAPAN, NEW ZEALAND OR ANY JURISDICTION
WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR
REGULATIONS OF SUCH JURISDICTION
Starwood European Real Estate Finance Limited: Loan repayment
Starwood European Real Estate Finance Limited (the "Company" and, together
with its subsidiaries, the "Group") announces that it has received full
repayment of GBP26.85 million in relation to the loan advanced to a Channel
Islands Hotel company.
The Company constantly seeks to minimise cash drag from repayments and often
manages repayment events by using the revolving credit facilities available
to it. The proceeds of these repayments will be used to partially repay
current drawings on the revolving credit facility. Expected net debt
following this repayment is approximately GBP44 million.
For further information, please contact:
Ipes (Guernsey) Limited as Company Secretary - 01481 755143
Lucy Brehaut
Starwood Capital - 020 7016 3655
Duncan MacPherson
Stifel Nicolaus Europe Limited - 020 7710 7600
Neil Winward
Mark Bloomfield
Gaudi Le Roux
Notes:
Starwood European Real Estate Finance Limited is an investment company
listed on the main market of the London Stock Exchange with an investment
objective to provide Shareholders with regular dividends and an attractive
total return while limiting downside risk, through the origination,
execution, acquisition and servicing of a diversified portfolio of real
estate debt investments in the UK and the wider European Union's internal
market. www.starwoodeuropeanfinance.com [1].
The Group is the largest London-listed vehicle to provide investors with
pure play exposure to real estate lending.
The Group's assets are managed by Starwood European Finance Partners
Limited, an indirect wholly-owned subsidiary of the Starwood Capital Group.
ISIN: GG00B79WC100
Category Code: PFU
TIDM: SWEF
LEI Code: 5493004YMVUQ9Z7JGZ50
Sequence No.: 5569
EQS News ID: 687861
End of Announcement EQS News Service
1: http://public-cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=becc5c83790358f02808a7970e9d8d13&application_id=687861&site_id=vwd_london&application_name=news
(END) Dow Jones Newswires
May 18, 2018 11:57 ET (15:57 GMT)
