2nd Mar 2015 16:03
LONDON (Alliance News) - Value and Income Trust PLC Monday said it has secured a GBP5 million, five-year secured loan facility from Santander UK PLC at a fixed rate of 4%.
The trust said it has already drawn-down an initial GBP3 million from the facility last Friday, and said the facility will be used to fund future property acquisitions.
Value and Income shares were up 0.4% to 256.25 pence per share on Monday afternoon.
By Joshua Warner; [email protected]; @JoshAlliance
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