NBDD
BADNB Distressed Debt Fund Sells Surface Transport Asset at a Loss
The investment fund has sold a Surface Transport asset at a loss, leading to a significant decline in the reported net asset values of its share classes.
The investment fund has sold a Surface Transport asset at a loss, leading to a significant decline in the reported net asset values of its share classes.
This investment fund reports declining NAV across all share classes and a significant drop in interest income. Despite increased cash reserves, overall net assets have decreased, prompting consideration of winding up operations.
The investment fund has posted its 2024 annual report and notice of upcoming AGM to shareholders.