SWEF: June NAV correction (1100773)

 
 Starwood European Real Estate Finance Ltd (SWEF) 
SWEF: June NAV correction 
 
23-Jul-2020 / 16:49 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, 30 June 2020 
***************************** 
 
This announcement contains price sensitive information. 
 
Following the announcement released on 20 July 2020, the Company 
      notes that the Financial liabilities at fair value through 
   profit or loss line on the first table below was omitted. The 
                     information provided below remains correct. 
As at the close of business on 30 June 2020, the unaudited 
cum-dividend net asset value of the Company's Ordinary Shares 
was 104.08p. 
 
Loans advanced                                           GBP448.9m 
Financial liabilities at fair value through profit or    GBP(4.5m) 
loss 
Cash and cash equivalents                                  GBP9.0m 
Borrowing facilities (including accrued interest)       GBP(24.1m) 
Other net assets/(liabilities)                             GBP0.8m 
Net assets                                               GBP430.1m 
 
Capital amounts drawn as at 30 June 2020 and amounts committed but undrawn 
as at 30 June 2020 is shown below. 
 
                                   Local Currency Sterling (2) 
Amounts drawn GBPm (1)                      GBP194.6m      GBP194.6m 
Amounts drawn &eurom (1)              &euro275.8m      GBP252.7m 
                                                       GBP447.3m 
Committed but undrawn Loans GBPm             GBP36.9m       GBP36.9m 
Committed but undrawn Loans &eurom     &euro33.1m       GBP30.3m 
                                                        GBP67.2m 
 
  (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. 
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 
 
Vânia Santos 
T: +44 1481 735878 
E: vania.santos@apexfs.com 
 
           Starwood European Real Estate Finance Limited 
 
ISIN:          GG00B79WC100 
Category Code: NAV 
TIDM:          SWEF 
LEI Code:      5493004YMVUQ9Z7JGZ50 
Sequence No.:  77710 
EQS News ID:   1100773 
 
End of Announcement EQS News Service

(END) Dow Jones Newswires

July 23, 2020 11:49 ET (15:49 GMT)

Starwood European Real E... (LSE:SWEF)
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