NB Distressed Debt Investment Fund Limited

Net Asset Value • Sep 9, 2025

National Storage Mechanism | Additional information

RNS Number : 4966Y

NB Distressed Debt Invest. Fd. Ltd

09 September 2025

9 September 2025

NB Distressed Debt Investment Fund Limited

("NBDD" or the "Company")

Sale of Surface Transport Asset

The Board of NBDD has been notified of the sale of the Company's remaining Surface Transport asset, resulting in a realised valuation below the investment's carrying value. The investment consisted of a municipal claim in Brazil, was held in the Ordinary and Extended Share Classes, and resulted in the receipt of sale proceeds totalling $5.3 million.

Due to multiple ongoing legal processes and a lack of clarity on the timing of resolution, finding a buyer for the Surface Transport asset had proven challenging. With limited visibility on liquidity and timing, the investment manager negotiated a sale of the Surface Transport asset at this discounted level instead of extending its maturity for another 12 months. The investment also included certain hedge and currency adjustments, which took some additional time to unwind. 

The impact to the Net Asset Value ("NAV") of each share class is as follows:

NBDD Share Class	Realised Loss	Decline in reported NAVs*
Ordinary	$5.08 million	17.5%
Extended	$1.97 million	14.7%

* As a percentage of 4 September 2025 NAV, as announced on 5 September 2025

For the avoidance of doubt, there is no impact from this sale on the NAV of the Global Share Class.

These updated valuations have been incorporated into the NAVs for close of business on Thursday 4 September, as separately announced on Friday 5 September. 

ENDS

LEI: YRFO7WKOU3V511VFX790

For further information, please contact:

KL Communications Charles Gorman	+44 (0) 20 3882 6644 [email protected]
Jefferies International Limited Gaudi Le Roux	+44 (0) 20 7029 8000

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