29th Jun 2021 11:11
Aberdeen Standard Equity Income Trust PLC - London-based trust investing in UK quoted companies of all sizes - Agrees new GBP30 million revolving credit facility with with the Royal Bank of Scotland International Ltd, expiring on June 25, 2023.
On Monday, the trust had drawn GBP20 million of the GBP30 million facility, with the remainder to be spent on future investments. Says it plans to use the proceeds drawn to repay full existing GBP20 million revolving credit facility.
Current stock price: 360.98 pence, up 1.3% on Tuesday morning
Year-to-date change: up 17%
By Scarlett Butler; [email protected]
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