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IN BRIEF: Aberdeen Japan Investment renews its loan facility with ING

21st Jan 2022 14:45

Aberdeen Japan Investment Trust PLC - London-based company that invests in listed Japanese companies - Renews JPY1.3 billion, or GBP8.4 million, fixed-rate loan facility with ING Bank NV's London branch.

The contract was renewed for a one year period to January 20, 2023. The loan amount has been drawn down at an all-in interest rate of 0.9% per annum. This interest rate will be fixed until the loan facility expires.

The proceeds have been used to refinance its previous JPY 1.3 billion fixed-rate loan with ING.

Current stock price: 675.00 pence

12-month change: down 15%

By Abby Amoakuh; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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