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Starwood European Real Estate Finance Limited
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(the "Company") (Ticker: "SWEF")
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Net Asset Value, 31 August 2020
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This announcement contains price sensitive information.
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As at the close of business on 31 August 2020, the unaudited cum and ex-dividend net asset value of the Company's Ordinary Shares (1) was 102.9p (31 July 2020: ex-dividend 102.74p).
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Loans advanced
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£443.5m
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Financial assets at fair value through profit or loss (including
accrued income)
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£0.4m
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Cash and cash equivalents
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£5.3m
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Borrowing facilities (including accrued interest)
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£(24.4m)
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Other net assets/(liabilities)
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£(0.2m)
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Net assets
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£424.6m
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Capital amounts drawn as at 31 August 2020 and amounts committed but undrawn as at 31 August 2020 is shown below.
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Local Currency
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Sterling (3)
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Amounts drawn £m (2)
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£192.40
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£192.40
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Amounts drawn €m (2)
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€ 280.50
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£250.00
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£442.4m
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Committed but undrawn Loans £m
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£35.10
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£35.10
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Committed but undrawn Loans €m
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€ 21.10
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£18.80
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£53.9m
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(1) Net asset value of the Company's Ordinary Shares is exclusive of Treasury Shares.
(2) 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.
(3) Euro amounts drawn and commitments converted at the month end spot rate. 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
Starwood European Real Estate Finance Limited
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