New Credit Facility

RNS Number : 2907H

Standard Life Equity Income Tst PLC

17 February 2010

 

17 February 2010

STANDARD LIFE EQUITY INCOME TRUST PLC ("the Company")

Standard Life Equity Income Trust has entered into a new 364 day £15m revolving credit facility with RBS to replace its existing facility with Lloyds. The margin on the new facility with be 100 bps above LIBOR.

£10.75m of the RBS facility has been drawn down, at an all-in rate of 1.53663%, to 12 March 2010.

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