NB Distressed Debt Investment Fund Limited announced $7.5 million in further capital distributions for the Extended Life (NBDX) Share Class and GBP 7.5 million in further capital distributions for the Global (NBDG) Share Class. The company has resolved to make a capital distribution totaling before expenses $7.5 million to NBDX shareholders equivalent to approximately $0.0695 per NBDX share by way of a compulsory partial redemption of NBDX shares at a price equal to $0.7856 per NBDX share. The amount applied to the partial redemption of NBDX shares will be after the deduction of costs and expenses of this partial redemption, expected to be approximately $8,000. The company has resolved to make a capital distribution totaling (before expenses) GBP 7.5 million to NBDG shareholders equivalent to approximately GBP 0.1054 per NBDG share by way of a compulsory partial redemption of NBDG shares at a price equal to GBP 0.6687 per NBDG share. The amount applied to the partial redemption of NBDG shares will be after the deduction of costs and expenses of this partial redemption, expected to be approximately GBP 6,500. The redemptions of the NBDX and NBDG shares will be effected pro rata to holdings of NBDX and NBDG shares respectively on the register at the close of business on May 18, 2020, being the record date for the Redemptions. Approximately 8.85% of the NBDX issued share capital and approximately 15.75% of the NBDG issued share capital will be redeemed on the Redemption Date. Payments of redemption monies are expected to be effected either through CREST or by cheque by June 2, 2020. Any certificates currently in circulation will be superseded by a new certificate which will be distributed to shareholders by June 2, 2020.