New Bank Facility

RNS Number : 2373W

Aberdeen Latin American Inc Fd Ltd

14 August 2020

 

ABERDEEN LATIN AMERICAN INCOME FUND LIMITED (the "Company")

Legal Entity Identifier (LEI): 549300DN623WEGE2MY04

14 August 2020

New Bank Facility

The Company is pleased to announce that it has entered into a new unsecured one year £6 million multi-currency revolving facility agreement with Scotiabank Europe plc (the "New Facility") which replaces an £8 million unsecured facility with Scotiabank (Ireland) Designated Activity Company that matured today.

The existing drawings of £5.5 million have been rolled under the New Facility to 14 September 2020 at an all-in rate of 1.50713%.

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