Monthly update SCFI March 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for March of NAV 68.62. It is down by 5.63%. No new lending took place either to external borrowers or to the majority-owned companies during March. During February, the fund closed the remaining currency hedges. This means that the fund lowers the running costs. The volatility of the fund's NAV […]
Monthly update SCFI February 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for February of NAV 72.71. It is down by 0.85%. No new lending took place either to external borrowers or to the majority-owned companies during February. During February, the fund closed the remaining currency hedges. This means that the fund lowers the running costs. The volatility of the fund's NAV [...]
Monthly update SCFI January 2024
Scandinavian Credit Fund I AB (publ) reports a NAV rate for January of NAV 73.33. It is down by 0.52%. No new lending took place either to external borrowers or to the majority-owned companies during January. During January, the fund closed the remaining currency hedges. This means that the fund lowers the running costs. The volatility of the fund's NAV [...]
Monthly update SCFI December 2023
Scandinavian Credit Fund I AB (publ) reports a NAV rate for December of 73.71. It is down by 0.16%. No new lending took place to external borrowers during December. To the majority-owned companies, the fund has lent 3.5 MDK to the electricity trading company b.energy, while Global Scanning amortized its loan of 2.2 MUSD. During December, the fund closed additional currency hedges [...]
Monthly update SCFI October 2023
Scandinavian Credit Fund I AB (publ) reports a NAV rate for October of 75.25. That's down 3.78 %. The decline is attributable to a write-down of a credit of approximately SEK 80m. This is because a borrower has been moved from category 1 to category 2. The borrower was moved to category 2 due to non-payment of interest. […]
Monthly update SCFI September 2023
Scandinavian Credit Fund I AB (publ) reports a NAV rate for August of 78.21. That's down 2.17 %. The decline is attributable to reservations by two property developers, one Norwegian and one Swedish. The fund had no new lending during September. No disposals took place during the month. A settlement was reached in a dispute without any […]
