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ICG shares hit year-low as realisations fall

Mezzanine debt provider Intermediate Capital Group’s share price today fell to a 52-week low as capital gains and repayments dried up in the three months to June, according to its interim management statement.

Loan repayments received by ICG were down by 79% on the same period last year to £44m (€55.72m) while its capital gains were undisclosed but “substantially below” last year.

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