VEF Swings to 3Q26 Net Loss of USD 4.5 Million Year-on-Year
Bitget2026/10/21 06:09- VEF swung to a third-quarter 2026 net loss of USD 4.5 million from a year-earlier profit of USD 32.2 million.
- Net asset value fell year-on-year to USD 401.7 million at September 30, 2026.
- All SEK 300 million of outstanding bonds were redeemed on October 15, leaving no other bonds outstanding.
- CEO Dave Nangle said capital allocation will shift toward share buybacks given the current discount, with deleveraging substantially complete.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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