New Borrowings
RNS Number : 2991C
Monks Investment Trust PLC
03 March 2011
The Monks Investment Trust PLC
New Borrowings.
On 28 February 2011 the Company took out a new £40m three year fixed rate loan facility.
Additionally, the Company has replaced the one year £40m floating rate facility that expired today with a similar one year floating rate facility.
Since March 2010, the Company has had in place a £40m 30 year interest rate swap agreement to hedge the cost of servicing the floating rate facility.
3 March 2011
For further information, contact Robert O'Riordan - 0131 275 3181.
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