Scandinavian Credit Fund I AB (publ) reports a NAV rate for May of NAV 64.85, a decrease of 3.5%. The month's NAV change is derived in part from a strengthened Swedish krona where the USD loses approx. -4% (USD/SEK) and increased provisions in accordance with the IFRS9 model where a holding is moved from category 2 to category 3, which increased the provision by [...]
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