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Troy Income & Growth Renews GBP20 Million Revolving Credit Facility

24th Apr 2019 16:36

LONDON (Alliance News) - Troy Income & Growth Trust PLC said on Wednesday it has renewed its GBP20 million unsecured floating rate revolving credit facility for a further two years.

The facility, with ING Luxembourg SA, bears interest at 0.90% over LIBOR and may be used for the acquisition of investments in line with the trust's investment policy, and general corporate purposes.

Shares in Troy Income & Growth closed 1.3% higher at 79.60 pence each on Wednesday.


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