Finserve Nordic AB, which manages the fund Scandinavian Credit Fund I AB (publ), (hereinafter referred to as the Fund), together with the Fund, has decided to completely cancel the loan and request that the Vinstandelslån be redeemed early and that the Fund's operations be wound down.
The background to this decision is that the Fund, since it was reopened for deposits and withdrawals on May 12, 2023, has suffered net outflows of SEK 729 million, which makes it impossible to manage the Fund in a satisfactory manner and in the best interests of the shareholders. In order to ensure equal treatment of all unit owners, the fund has no other option but to wind down the business.