CVC Credit Partners European Opportunities Limited
(a closed-ended investment company incorporated in Jersey with registration number 112635)
Registered Office: IFC 1, The Esplanade, St Helier, Jersey, JE1 4BP
Strategic Review Update
As part of its ongoing strategic review and monitoring of the Company, the Board of CVC Credit Partners European Opportunities Limited (the "Company") is considering making certain changes that it believes will increase the Company's appeal to both existing shareholders and new investors, while leveraging the extensive investment capabilities of the investment vehicle in which the Company is invested (being Compartment A of CVC European Credit Opportunities S.àr.l) (the "Investment Vehicle") and the Investment Vehicle's investment manager, CVC Credit Partners Investment Management Limited ("CVC Credit Partners").
In particular, the Board is considering amending the Company's investment policy to provide more flexibility to the Investment Vehicle and CVC Credit Partners to allow them to capitalise further on their core strengths. In conjunction with, and as a consequence of, the potential changes to the Company's (and the Investment Vehicle's) investment policy, the Board is also considering increasing the target dividend, amending the target total return, and is reviewing the parameters of the Company's contractual quarterly tender mechanism.
The Board, through its advisers, intends to consult with shareholders shortly. Any material changes to the investment policy and any changes to the contractual quarterly tender mechanism shall be subject to shareholder approval.
BNP Paribas Securities Services S.C.A. Jersey Branch
Tel: +44 (0) 1534 813873
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