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LEI: 2138007S3YRY3IUU4W39
Buy-back of Investment and subsequent NAV positive impact
The Board of KKV Secured Loan Fund Limited (the Company or KKVL ), an investment trust specialising in lending to the SME sector, is pleased to announce that it has received net proceeds of $24.3 million from the refinancing of two existing investments in a US based reinsurance company, referred to as Borrowers 7 and 9 in the Annual Report and Accounts for the year ended 30
th June 2020, published on 27
th January 2021 ( 2020 Annual Report ).  The two investments were held by the Ordinary Share Class only. As stated in the Portfolio Manager s Report, the Company s Portfolio Manager has been engaging actively with the borrower for some months to encourage them to repurchase their debt.  We are pleased to be able to conclude this complex transaction to the benefit of Shareholders.  ....

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