CVC Credit Partners Completes Public Offering of CVC Credit Partners European Opportunities Limited

Marketwired

PHILADELPHIA, PA--(Marketwired - Jun 27, 2013) - Resource America, Inc. (NASDAQ: REXI) (the "Company") announced that CVC Credit Partners European Opportunities Limited, an investment vehicle providing investors access to the sub-investment grade European debt markets, completed an initial public offering. The offering raised Euro 174.7 million and Sterling 150.8 million before transaction fees and expenses. Euro denominated shares will trade under the symbol "CCPE" and Sterling denominated shares will trade under the symbol "CCPG" on the London Stock Exchange plc.

CVC Credit Partners is an independent asset management and investment group focused on sub-investment grade debt capital markets in the US and Europe. CVC Credit Partners is owned by CVC Capital Partners and Resource America, Inc.

Resource America, Inc. is a specialized asset management company that uses industry specific expertise to generate and administer investment opportunities for its own account and for outside investors in the real estate, commercial finance, and financial fund management sectors. For more information please visit our website at www.resourceamerica.com or contact Marketing and Investor Relations at pkamdar@resourceamerica.com.

Contact:
View Comments (0)