First closing of Asset Sale
SVG Capital plc announces that the first closing of the sale of the Company's investment portfolio to HarbourVest Structured Solutions III L.P. took place today. Proceeds of £523,166,590.29 were received on 12 December 2016. Further closings are expected to take place on or around 31 December 2016. All conditions to the closing of the tender offer of up to £350 million, due to take place on 16 December 2016, have now been satisfied.
For further information, please contact:
SVG Capital plc 020 3457 0000
Alice Kain/Stuart Ballard
Maitland 020 7379 5151
Neil Bennett/Tom Eckersley
SVG Capital plc published this content on 12 December 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 12 December 2016 17:00:04 UTC.
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