29th Mar 2022 09:49
Trian Investors 1 Ltd - offers exposure to investment activity of Trian Investors Management LLC - Says it is opening a new USD100 million revolving credit facility with Bank of America's London Branch. The facility will have a three-year term and enables the investment partnership to borrow an aggregate amount of up to USD100 million at an interest rate based on the secured overnight financing rate, SOFR, plus 1.35% per year. The portion of the facility that is not drawn will be subject to a commitment fee of 0.40% per year, Trian says. Read More
