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March 2022 Tender Price

RNS Number : 7911I
CVC Credit Partners European Opps.
20 April 2022
 

20 April 2022

CVC Credit Partners European Opportunities Limited

March 2022 Tender Price

 

CVC Credit Partners European Opportunities Limited (the “Company”) announces the following in relation to its March 2022 Tender:

 

Euro Shares1

 

Shares tendered

852,436



31 March 2022 NAV per Euro Share

€1.0079



Tender Price

€0.9979

 

Sterling Shares1

 

Shares tendered

3,490,001



31 March 2022 NAV per Sterling Share

£1.0889



Tender Price

£1.0789

 

 

The Tender Price equals the NAV per Share as at 31 March 2022 minus £0.01 / €0.01 (being 1% of the Reference Price), as applicable.

 

It is anticipated that payment for the March 2022 tender will be made on 17 May 2022.

 

A further announcement regarding the unconditional purchase of the Tender Shares is expected to be made on or around 10 May 2022

 

Terms defined in the Company’s prospectus dated 29 March 2019 have the same meaning in this announcement unless otherwise defined.

 

CVC Credit Partners European Opportunities Limited: +44 (0)1534 625522
Richard Boléat

 

BNP Paribas Securities Services S.C.A., Jersey Branch           +44 (0)1534 813873

 

 

1In respect of the Realisation Condition, the Company will submit redemption requests to the Investment Vehicle in respect of 839,875.00 Euro Company Investment Vehicle Interests (based on a net asset value of €1.022975) and 3,504,717.00 Sterling Company Investment Vehicle Interests (based on a net asset value of £1.084328) and in respect of which funds are expected to be received on or before the anticipated payment date set out above.

 

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