Revolving Credit Facility

RNS Number : 3427A

Standard Life Equity Income Tst PLC

18 February 2014

 

Standard Life Equity Income Trust PLC (the "Company")  

The Company announces that a new three year £25 million sterling revolving credit facility with Scotiabank (Ireland) Ltd has been agreed with effect from 14^th February 2014.  An initial amount of £20 million has been drawn down for one month at an all-in rate of 1.6325% maturing on 17 March 2014. The new loan has been used to repay the Royal Bank of Scotland ("RBS") loan.  The RBS facility has now been cancelled. 

For Standard Life Equity Income Trust PLC

Maven Capital Partners UK LLP, Secretary

18 February 2014

 

END

 

 

MSCLVLFFZLFBBBX