Marknadsmeddelande Scandinavian Credit Fund I AB (publ)

Market announcement Scandinavian Credit Fund I AB (publ)

We have had a year beyond expectations with inflows into the fund and on November 1 passed one billion in managed capital after the latest issue of approx. SEK 188m. We thank all customers and financial advisors for that trust!

During the autumn, we started talking about possibly limiting the fund's inflow in order to maintain our target return of 6–8% over time. We are about to enter a period of Christmas and New Year celebrations, a time when our business area with direct lending tends to decrease or stop altogether.

Against the above background, our belief about future inflows to the fund and the knowledge we have today regarding lending, the board has decided to limit the fund's inflows on future issuance occasions as below.

Issue 11 on 1 December 2017
The fund receives net SEK 75 million as well as subscriptions from platform counterparties. Allocation of the SEK 75 million takes place based on the order in which subscription notifications are received to the fund's issuing institution. The liquid must be available in custody or in the fund's issue account at the time of issue. If the fund's board judges that the fund can receive a larger inflow based on known lending, it can and does take place based on the order of received subscription notifications to the fund's issuing institution.

Issue 1 on February 1, 2018
The fund receives net SEK 300m as well as subscriptions from platform counterparties. Allocation of the SEK 300 million takes place based on the order in which subscription notifications are received to the fund's issuing institution. The liquid must be available in custody or in the fund's issue account at the time of issue. If the fund's board judges that the fund can receive a larger inflow based on known lending, it can and does take place based on the order of received subscription notifications to the fund's issuing institution.

Upcoming issues in 2018
After completion of the issue on February 1, 2018, the fund's board will decide whether from March onwards there will be a limitation of inflows to the fund.

The restriction takes place in accordance with p5.6 Allocation in the prepared basic prospectus regarding programs for capital and profit-sharing loans issued by Scandinavian Credit Fund I AB (publ), organization number 559008–0627. The base prospectus has been drawn up by the board of the Fund in accordance with the Act (1991:980) on trading in financial instruments and Commission Regulation (EC) No. 809/2004 of 29 April 2004 on the implementation of Directive 2003/71/EC of the European Parliament and of the Council. The base prospectus has been approved and registered by the Financial Supervisory Authority on January 31, 2017 in accordance with the provisions of Chapter 2 Section 25 of the Act (1991:980) on trading in financial instruments ("LHF").

Stockholm on 6 November 2017
Scandinavian Credit Fund I AB
The board