Following a solid H120, HgCapital Trust (HGT) announced several portfolio transactions representing a considerable uplift to the carrying value at end March 2020 and translating into a c 12.0% ytd NAV total return (TR) to end August. On completion of these deals, HGT’s cash resources will improve significantly to £314m from £123m in early July, while its unfunded commitments will decline to £814m. Consequently, HGT’s commitment coverage ratio will improve markedl
14 Sep 2020
HgCapital Trust - Reporting a considerable uplift to NAV
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HgCapital Trust - Reporting a considerable uplift to NAV
HGCapital Trust PLC (HGT:LON) | 480 28.8 1.3% | Mkt Cap: 2,196m
- Published:
14 Sep 2020 -
Author:
Milosz Papst -
Pages:
3
Following a solid H120, HgCapital Trust (HGT) announced several portfolio transactions representing a considerable uplift to the carrying value at end March 2020 and translating into a c 12.0% ytd NAV total return (TR) to end August. On completion of these deals, HGT’s cash resources will improve significantly to £314m from £123m in early July, while its unfunded commitments will decline to £814m. Consequently, HGT’s commitment coverage ratio will improve markedl