NB Distressed Debt Fund Announces Capital Distribution Update
Why we think this is neutral
This RNS appears to be a routine regulatory announcement regarding a capital distribution update for the NB Distressed Debt Investment Fund. It does not contain any material financial information or updates on the company's operations, so the sentiment is neutral.
Key Points
- New ISIN number for remaining shares: GG00BTLMK410
- Redemption of NBDG shares to be effected on 25 March 2025 (record date)
- Shares to commence trading under new ISIN on 26 March 2025 (ex-date)
Summary
The investment fund announces details on the redemption of its NBDG shares, including the new ISIN number, record date, and ex-date.
NB Distressed Debt Investment Fund Limited has released an update on the capital distribution for its NBDG shares. The company confirms the new ISIN number for the remaining shares, the record date for the redemption, and the ex-date when the shares will commence trading without entitlement to the capital distribution.
GENERAL UPDATE