Repayment of Revolving Credit Facility

RNS Number : 1702F

Sequoia Economic Infra Inc Fd Ld

25 October 2018

 

25 October 2018

Sequoia Economic Infrastructure Income Fund Limited (the "Company" or "SEQI")

Repayment of Revolving Credit Facility

On 10 October 2018, SEQI, the specialist investor in economic infrastructure debt, announced that it had completed its oversubscribed Open Offer, Placing and Offer for Subscription. SEQI is pleased to confirm that it has repaid the outstanding balance of approximately £116 million of its £150 million multi-currency leverage revolving credit facility ("the Credit Facility") from the equity issue proceeds.

The Company continues to see a strong pipeline of attractive investment opportunities in which it intends to deploy the remaining proceeds of the equity issue and future drawings under the Credit Facility.

LEI: 2138006OW12FQHJ6PX91

For further information please contact:

Sequoia Investment Management Company                           [phone]

Steve Cook

Dolf Kohnhorst

Randall Sandstrom

Greg Taylor

Stifel Nicolaus Europe Limited                                                [phone]

Neil Winward

Mark Bloomfield

Gaudi Le Roux

Tulchan Communications (Financial PR)                                 [phone]

James Macey White

Martin Pengelley

Elizabeth Snow 

Praxis Fund Services Limited (Company Secretary)               [phone]

Matt Falla                     

 

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