Covenant Waiver Extension
By Sharecast
Date: Tuesday 30 Dec 2025
30 December 2025
Litigation Capital Management Limited
("LCM" or the "Company")
Covenant Waiver Extension
Litigation Capital Management Limited ("LCM"), an alternative asset manager specialising in dispute financing solutions internationally, announces that the debt covenant waiver from its lender, Northleaf Capital Partners (Canada) Ltd ("Northleaf"), that was due to expire on 30 December 2025 has been extended to 31 January 2026. During the extended waiver period the interest on the loan remains increased by 2.00% per annum consistent with the initial waiver. There is no additional one-time waiver fee in relation to this extension.
The Strategic Review that was first announced on 15 September 2025 has continued to progress and this waiver extension is reflective of Northleaf's ongoing support. LCM management will provide an update on the progress of the Strategic Review in the new year.
Enquiries
Litigation Capital Management | |
Patrick Moloney, Chief Executive Officer David Collins, Chief Financial Officer | |
Cavendish (Nomad and Broker) | Tel: 020 7220 0500 |
Jonny Franklin-Adams and Isaac Hooper (Corporate Finance) Tim Redfern (Corporate Broking) |
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