Renewal of Loan Facility

RNS Number : 2351H

Edinburgh Dragon Trust plc

30 July 2019

 

Edinburgh Dragon Trust PLC (the "Company")

Legal Entity Identifier (LEI):  549300W4KB0D75D1N730

Renewal of Loan Facility

30 July 2019

The Company is pleased to announce that it has today entered into loan facilities totalling a commitment of £50 million with Scotiabank Europe Plc . The facilities, which are unsecured, consist of the following:

·    a £25 million loan which has been drawn in full on 30 July 2019 and fixed for three years at an all-in rate of 1.610%;

·    a three year £25 million multi-currency revolving credit facility of which £6 million has been drawn.

The Company's loan facility with Scotiabank (Ireland) Designated Activity Company has been repaid.

 

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