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GCP Secures Increased Loan Facility From Royal Bank Of Scotland

21st Aug 2018 11:27

LONDON (Alliance News) - GCP Asset Backed Income Fund Ltd said Tuesday that it agreed an increase to its loan facility with Royal Bank of Scotland International Ltd.

Under the new agreement, the original GBP15 million revolving credit facility has been upped to GBP30 million for a term of two years.

GCP shares were trading down 0.1% at 123.30 pence each.


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