17th May 2019 14:29
LONDON (Alliance News) - Murray International Trust PLC on Friday said it has agreed and fully drawn a new GBP30 million loan facility with Royal Bank of Scotland International Ltd.
The loan, which was drawn in full on Thursday, is fixed for five years at a 2.25% all-in rate. The funds have, in part, been used to repay a maturing GBP15 million loan - also with RBS International.
The globally diversified investment trust said it will use the remainder of its new loan "for investment purposes".
Shares in Murray International were down 0.9% at 1,142.24 pence on Friday afternoon.
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