4th Jul 2019 18:00
(Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd on Thursday said it has fully repaid its USD70 million revolving credit facility balance and repaid GBP115 of its sterling balance following an equity placing.
The economic infrastructure debt investor has how repaid its entire USD balance and almost all - 82% - of its GBP140 million outstanding sterling balance.
This follows a GBP216 million open offer, placing and offer for subscription which was priced a 108 pence per share.
Shares in Sequoia Economic Infrastructure closed flat at 113.40 pence on Thursday.
Related Shares:
Sequoia Economic Infrastructure Fund