14th May 2018 09:02
LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Monday that it has repaid GBP70.7 million of its GBP100 million multi-currency leverage facility from proceeds of its previously announced GBP75.7 million share placing.
The investor in economic infrastructure debt added that around GBP5 million remains drawn on the loan facility.
Sequoia continues to see a strong pipeline of attractive investment opportunities. Shares in the company were trading broadly flat at 108.02 pence each Monday morning.
Related Shares:
Sequoia Economic Infrastructure Fund