17th Dec 2015 12:54
17 December 2015
P2P Global Investments PLC
Entry into corporate debt facility
P2P Global Investments PLC (the "Company") is pleased to announce that it has entered into a £150,000,000 secured 3-year multicurrency loan facility with a consortium of institutional lenders.
The Company intends to deploy the proceeds of this facility in accordance with its existing investment policy. The Company expects the modest level of gearing at the corporate level arising from the utilisation of this facility to enhance shareholder returns.
Commenting on this new facility, Simon Champ, CEO of Eaglewood Europe, the Company's Investment Manager said: "We're delighted to announce this new facility and the support of the Company's new financing partners. The facility will add valuable diversity and flexibility to the company's funding options. This is another important step forward for the Company demonstrating its strong credentials and leading market position".
Enquiries
Eaglewood Europe LLP +44 (0)20 7316 2280
Simon Champ
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