New Bank Facility

RNS Number : 6456I
Aberdeen Latin American Inc Fd Ltd
13 August 2021
 

 

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

Legal Entity Identifier (LEI): 549300DN623WEGE2MY04

 

13 August 2021

 

New Bank Facility

 

The Company is pleased to announce that it has today entered into a new unsecured £6 million multi-currency revolving facility agreement with The Bank of Nova Scotia, London Branch (the "New Facility"). 

 

The New Facility replaces the Company's expiring £6m facility with Scotiabank Europe plc and is for a period of two years to 14 August 2023.

 

The Company has drawn down £5.5 million under the new facility for a one month interest period and the level of gearing remains unchanged.

 

 

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