ICG-Longbow Senior Secured UK Property Debt Investments Limited (the "Company") is a Guernsey domiciled, closed-ended, premium listed investment company on the London Stock Exchange.
The investment objective of the Company is to construct a portfolio of good quality, defensive, self-originated senior debt investments secured by first charges against UK commercial property investments, providing dividends of circa 6 pence per share per annum, paid quarterly and a target underlying portfolio IRR of 8% p.a.
Delayed by 15 minutes
|Number of investments:||11|
|Percentage capital investment:||98%|
|Weighted average coupon:||6.81%|
|Weighted Avg. projected total return:||8.90%|
|Weighted Avg. LTV:||57.1%|
|Weighted Avg. interest coverage ratio:||174%|