Increased Loan Facility

RNS Number : 2123Y
Standard Life UK Small.Co's Tst PLC
11 May 2021
 

STANDARD LIFE UK SMALLER COMPANIES TRUST PLC (the "Company")

Legal Entity Identifier (LEI):  213800UUKA68SHSJBE37

 

 

11 May 2021

 

Increased Loan Facility

 

The Company is pleased to announce that it has amended its loan agreement with The Royal Bank of Scotland International Limited ("RBSI") to provide it with an additional £20 million revolving credit facility ("RCF"). Together with the existing RBSI loan facility, this means that the Company's borrowing facilities now amount to £65 million in aggregate, comprising a £25 million fixed-rate loan, at an interest rate 2.349%, and a £40 million RCF. The entire facility is due to mature on 31 October 2022.

 

 

 

Enquiries:

 

Evan Bruce-Gardyne, Aberdeen Standard Investments, 07720 073216

 

 

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