SQN Sqn Asset Finance Income Fund Limited

TIDMSLFR

RNS Number : 7532D

SLF Realisation Fund Limited

21 October 2022

21 October 2022

SLF Realisation Fund Limited

("the Company")

LEI: 2138007S3YRY3IUU4W39

ASSET UPDATE - BORROWER 19

SLF Realisation Fund Limited (the "Company") announces that Borrower 19*, a loan held within the Ordinary Share portfolio, has experienced a negative credit event following the collapse of a business sales process and the business being placed into administration by the management team. The valuation of Borrower 19 as at 30 June 2022 was GBP2.5m, representing 0.7p pence per Ordinary Share.

The Company is working with Borrower 19 and the administrators to gather further information and assess the Company's options.

For further information please contact:

 
SLF Realisation Fund Limited    via the Company Secretary 
  Brett Miller 
 BNP Paribas S.A.,               01481 750 853 
  Guernsey Branch                 guernsey.bp2s.slf.co.sec@bnpparibas.com 
  Company Secretary 
 Winterflood Securities Limited 
  Neil Langford 
  Chris Mills 
 

* as referenced in the June 2022 Full Year Report and Accounts

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October 21, 2022 08:02 ET (12:02 GMT)

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