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IN BRIEF: GCP Asset Backed Income extends GBP50 million credit by year

7th Jul 2023 09:53

GCP Asset Backed Income Fund Ltd - London-based UK asset backed loan investor - Extends existing GBP50 million revolving credit facility to August 2024. Says the maturity date was previously August 2023. The 12-month extension maintains the previous facility under the same terms.

Current stock price: 60.77 pence, up 1.6% on Friday morning in London

12-month change: down 36%

By Greg Rosenvinge, Alliance News reporter

Comments and questions to [email protected]

Copyright 2023 Alliance News Ltd. All Rights Reserved.


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