10th Jul 2020 17:35
Alcentra European Floating Rate Income Fund Ltd - London-based closed-ended investment company - Says it will implement an interim compulsory redemption of its redeemable shares in order to return approximately GBP45 million to shareholders. This follows the successful sale of the company's investments.Prior to the redemption the company has 91.7 million shares in issue.
Current stock price: 88.50 pence
Year-to-date change: down 11%
By Greg Roxburgh; [email protected]
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