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IN BRIEF: Majedie secures GBP15 million loan from BNP Paribas

26th Aug 2025 13:53

Majedie Investments PLC - London-based investment trust aiming for long-term capital growth with regular dividends - Enters a one-year revolving credit facility with BNP Paribas SA. Says the loan is worth GBP15 million in total and supports a more flexible approach to leverage. The loan replaces a structural gearing facility for GBP20.7 million at 7.5%, repaid as of March 31.

Current share price: 242.00 pence on Tuesday afternoon in London

12-month change: up 3.4%

By Holly Munks, Alliance News reporter

Comments and questions to [email protected]

Copyright 2025 Alliance News Ltd. All Rights Reserved.


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Majedie Inv.
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Change-5.36