28th Oct 2015 09:13
LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd on Wednesday said it has raised GBP147.0 million via an open offer, placing and subscription for C shares in the company.
It has issued a total of 146.8 million shares under the offering. Shares in the fund were untraded on Wednesday at 104.00 pence.
The company said it will use the funds to invest in the economic infrastructure debt market.
By Sam Unsted; [email protected]; @SamUAtAlliance
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Sequoia Economic Infrastructure Fund