2nd Oct 2015 12:31
LONDON (Alliance News) - Polar Capital Technology Trust PLC on Friday said it has drawn two loans from ING Bank NV.
The FTSE 250-listed trust said it has drawn a JPY2.8 billion loan and a USD23.0 million loan from ING, both of which are three-year fixed-term deals.
The loans are both due for repayment on October 2, 2018.
Shares in Polar Capital were down 0.7% to 535.00 pence on Friday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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