Scandinavian Credit Fund I AB (publ) - Announces Prospectus and issue of Profit Sharing Loans

Stockholm, August 31, 2015 - Scandinaviska Kreditfonden AB issues its first AIF fund, Scandinavian Credit Fund I AB (publ), (hereinafter referred to as the Fund), in which the public and institutional investors are offered to subscribe for a profit of a maximum of SEK 500 million in a first step. . The prospectus was approved and registered on 28 August 2015 by the Swedish Financial Supervisory Authority. The profit share loans will, after completion of the issue, be admitted to trading on the Nordic Derivatives Exchange (NDX), part of Nordic Growth Market NGM AB (NGM).

  • The issue includes 5,000 new profit share loans in a first closing on October 1.
  • Subscription amounts to SEK 500 million.
  • Subscription is made to trading items of SEK 100,000. (Nominal of SEK 100 x 1000 profit share loans) - The subscription period runs from 2015-09-01 to 2015-09-25

The present offer in brief

& #8211; In the event of an oversubscription, the Board will decide on allotment taking into account the time of payment of the subscription proceeds, the number of profit share loans to which the application relates and the time of receipt of the correctly completed application form.

Scandinavian Credit Fund I (publ)

The fund's business concept is to provide short-term direct lending to small and medium-sized companies. The fund intends to offer investors interested in the fund's investment strategy to subscribe for profit share loans. Investors in the Profit-sharing Loans can be private individuals, companies and foundations.

The fact that most investment options in the market are adapted to the needs of the normal saver have resulted in several interesting investment opportunities being in practice excluded from the market for private investors, among other things due to high demands on minimum investment amounts and lock-in effects. The Fund's ambition is therefore to create accessibility by listing the Profit Sharing Loans in a regulated market, NGM-NDX.

The fund intends to offer direct lending to achieve the target, which is a high risk-adjusted return with little or no correlation to equity, bond and commodity markets. The Fund will use derivatives to manage unwanted market risks that may arise when investing in various instruments and to increase the Fund's return. The fund also intends to hedge the investments made in currencies other than the Swedish krona

The Fund's overall goal is to create long-term value growth for investors that corresponds to, or is better than, 6-10 percent per year with low volatility.

Skandinaviska Kreditfonden AB
Box 16 357, 103 26 Stockholm
Tel: 0733-929 455, 070-575 75 51
Email: info@kreditfonden.se
Web: www.kreditfonden2.wpengine.com
Visiting address: Strandvägen 7A, Stockholm

The Fund considers that the potential of the product is great in light of the high demand for short- and medium-term loans and loans to companies and continued caution from other players when it comes to providing corresponding loans and loans.

After this first issue of Profit Sharing Loans, four issues per year will be completed at the beginning of each quarter. At each issue, the fund will be open for redemption. In addition, trading takes place via the NGM-NDX marketplace through the Fund's Market Maker.

The Fund's strategic goal is to increase the borrowed capital to SEK 3,000,000 over a three to five year period.

Information

Newly issued equity certificates are expected to be admitted to trading on NDX in October 2015. The company has employed Mangold Fondkommission AB as liquidity guarantor for the Profit Shares Loan. Full terms and conditions for the Offer are set out in the Prospectus drawn up by the Company and approved by the Swedish Financial Supervisory Authority on August 28, 2015.

Prospectus

In connection with the preparation of the Offer, SFM Stockholm AB has been engaged as AIF manager. Mangold Fondkommission AB has been hired as an issuer. PG Magnusson Advokatbyrå AB has been hired as legal advisor. Depository is Danske Bank A / S, Denmark, Sweden Branch. Auditor is active at PwC.

Prospectus and application form is also available on the Company's website: www.kreditfonden2.wpengine.com Subscription period: 2015-09-01 — 2015-09-25

Payment date: 2015-09-28

For further information, please contact:
Peter Norman, CEO of the Scandinavian Credit Fund AB, tel. 0733 929 455, peter.norman@kreditfonden.se Fredrik Sjöstrand, Portfolio Manager, tel. +46 70 575 75 51, fredrik.sjostrand@kreditfonden.se

Skandinaviska Kreditfonden AB intends to become the leading independent player in direct lending to small and medium-sized companies in Scandinavia and at the same time create unique investment products. The company's first fund is Scandinavian Credit Fund I. In the coming years, we will be launching more funds to finance companies as well as in other areas that we have identified as interesting for both borrowers and investors.

Share posts

Share on facebook
Share on twitter
Share on linkedin
Share on print
Share on email