New Loan Facility

RNS Number : 3696D
Aberdeen Standard Equity Income Tst
29 June 2021
 

ABERDEEN STANDARD EQUITY INCOME TRUST PLC

Legal Entity Identifier (LEI): 21380015XPT7BZISSQ74

 

New Loan Facility

29 June 2021

Aberdeen Standard Equity Income Trust PLC ("the Company") announces that it has agreed a new £30 million revolving credit facility with the Royal Bank of Scotland International Limited ("£30m Facility"). £20m of the £30m Facility was drawn on 28 June 2021.  The Company will use the proceeds drawn to repay in full the existing £20 million revolving credit facility.  The remainder of the £30m Facility will be drawn in due course for investment purposes.

The new facility will expire on 25 June 2023. 

 

For further information please contact:-

 

Paul Evitt

Aberdeen Asset Management PLC

Company Secretary

Tel: 0131 372 2200

 

 

 

 

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