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Starwood European Real Estate Finance Limited
Net Asset Value • Jan 22, 2021
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Net Asset Value
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National Storage Mechanism | Additional information
Starwood European Real Estate Finance Ltd (SWEF)
SWEF: December NAV
22-Jan-2021 / 07:00 GMT/BST
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
| Starwood European Real Estate Finance Limited |
| (the "Company") (Ticker: "SWEF") |
Net Asset Value, 31 December 2020
| This announcement contains price sensitive information. |
| As at the close of business on 31 December 2020, the unaudited cum-dividend net asset value of the Company's Ordinary Shares was 104.18p(3) (30 November 2020: 103.06p). |
| Loans advanced | £442.7m |
| Financial assets at fair value through profit or loss | £0.9m |
| Cash and cash equivalents | £2.9m |
| Borrowing facilities (including accrued interest) | £(19.6m) |
| Other net assets/(liabilities) | £(0.2m) |
| Net assets | £426.7m(3) |
Capital amounts drawn as at 31 December 2020 and amounts committed but undrawn as at 31 December 2020 is shown below.
| Local Currency | Sterling (2) | |
| Amounts drawn £m (1) | £183.9 | £183.9 |
| Amounts drawn €m (1) | €284.4 | £257.0 |
| £440.9m | ||
| Committed but undrawn Loans £m | £34.9 | £34.9 |
| Committed but undrawn Loans €m | €15.8 | £14.3 |
| £49.2m |
(1) Balance includes both loans accounted at amortised cost and loans held at fair value through profit or loss. The amounts correspond to cash advanced, not values shown on statement of financial position.
(2) Euro amounts drawn and commitments converted at the month end spot rate.
(3) The published NAV is based on current information, estimates and judgements.
The difference between amounts drawn in the table above and "Loans advanced" in the first table is accrued income.
Enquiries:
Apex Fund and Corporate Services (Guernsey) Limited as Company Secretary
| Vania Santos |
| T: +44 1481 735878 |
| E: [email protected] |
| ISIN: | GG00B79WC100 |
| Category Code: | NAV |
| TIDM: | SWEF |
| LEI Code: | 5493004YMVUQ9Z7JGZ50 |
| Sequence No.: | 92009 |
| EQS News ID: | 1162451 |
| End of Announcement | EQS News Service |