SWEF: Fifth Capital Distribution
The Board of Starwood European Real Estate Finance Limited is pleased to announce the Company’s fifth capital distribution.
- The Board of Starwood European Real Estate Finance Limited is pleased to announce the Company’s fifth capital distribution.
- Accordingly, the Company has resolved to make a fifth capital distribution totalling (after expenses) c. £25.0 million to SEREF shareholders by way of a compulsory partial redemption of shares at a price of £1.0369 per share (being the last published NAV per share prior to this announcement) (the “Compulsory Redemption”).
- of the Company’s issued share capital will be redeemed on the Redemption Date (the “Redemption Ratio”).
- “Accordingly, we are using this capital to fund a fifth distribution to shareholders of £25.0 million.