12th May 2015 08:35
LONDON (Alliance News) - GCP Infrastructure Investments Ltd Tuesday said a loan of about GBP14.0 million that it has been exposed to since its initial public offering in 2010 has been redeemed in full and it expects to reinvest the redemption proceeds.
The loan was secured against the performance of a portfolio of senior UK Private Finance Initiative loans.
GCP Infrastructure shares were up 0.2% at 113.48 pence Tuesday morning.
By Steve McGrath; [email protected]; @stevemcgrath1
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