8th Aug 2022 09:12
Digital 9 Infrastructure PLC - London-based digital infrastructure investor - Increases revolving credit facility by GBP75 million, taking total commitment to GBP375 million. Notes it can still increase facility by additional GBP125 million.
"Triple Point Investment Management LLP, the group's investment manager, continues to identify attractive investment opportunities for the company's portfolio. The RCF increase will provide the group with additional committed capital, to help finance the acquisition of further investments from its near-term pipeline and to fund growth capital expenditure for its existing investee companies," Digital 9 Infrastructure explains.
In past few weeks, it has completed the EUR135 million takeover of Finnish data centre and cloud services platform provider Ficolo Oy and acquired a 48% stake in Arqiva Group Ltd, a UK-based data, network and communications service provider.
Current stock price: 113.92 pence, up 0.8% in London on Monday
12-month change: down 2.8%
By Paul McGowan; [email protected]
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