Source - Alliance News
NB Distressed Debt Investment Fund Ltd -Guernsey-incorporated closed-ended fund invests in distressed, stressed and special situations investments, with a focus on senior debt backed by hard assets - Announces a $3.4 million return in Extended Life share class. Says return follows sale of Mashantucket Pequot loan. Adds return is equal to $0.065 per Extended Life share. Says amount applied to the partial redemption of Extended Life shares will around $8,000 after deduction of costs and expenses.
Current stock price: 36.00 pence, trading flat on Friday
12-month change: down 7.7%
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