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 […]
