14th Aug 2015 07:43
LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Friday morning that it is considering raising additional capital through a C share issue.
The fund said this was in response to interest from investors and "in light of the continued attractive investment environment currently being seen in the economic infrastructure debt market".
Any capital raising will be subject to prevailing market conditions, it noted. It will announce further details "in due course".
Shares in Sequoia Economic Infrastructure Income Fund were down 0.3% at 103.59 pence Friday morning, shortly after market open.
By Hana Stewart-Smith; [email protected]; @hanassallnews
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