Starwood European Real Estate Finance Ltd (SWEF)
SWEF: March 2020 NAV
22-Apr-2020 / 15:37 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.
22 April 2020
Starwood European Real Estate Finance Limited
(the "Company") (Ticker: "SWEF")
Net Asset Value, 31 March 2020
This announcement contains price sensitive information.
As at the close of business on 31 March 2020, the unaudited cum-dividend net asset value of the Company's Ordinary Shares was 103.21p.
Loans advanced
£424.6m
Financial assets at fair value through profit or loss (including
accrued income)
£21.9m
Cash and cash equivalents
£5.3m
Borrowing facilities (including accrued interest)
£(24.1m)
Other net assets/(liabilities)
£(0.1m)
Net assets
£426.5m
Capital amounts drawn as at 31 March 2020 and amounts committed but undrawn as at 31 March 2020 is shown below.
Local Currency
Sterling (2)
Amounts drawn £m (1)
£203.1m
£203.1m
Amounts drawn €m (1)
€268.0m
£238.3m
£441.4m
Committed but undrawn Loans £m
£38.6m
£38.6m
Committed but undrawn Loans €m
€38.8m
£34.5m
£73.1m
(1) Balance includes both loans accounted at amortised cost and loans held at fair value through profit or loss. The amounts correspond to cash advanced, not values shown on statement of financial position.
(2) Euro amounts drawn and commitments converted at the month end spot rate. The difference between amounts drawn in the table above and "Loans advanced" in the first table is accrued income.
Enquiries:
Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary
Vânia Santos
T: +44 1481 735878
Starwood European Real Estate Finance Limited
ISIN: GG00B79WC100 Category Code: NAV TIDM: SWEF LEI Code: 5493004YMVUQ9Z7JGZ50 Sequence No.: 59862 EQS News ID: 1027519
End of Announcement EQS News Service