Renewal of Loan Facility

Dunedin Income Growth Inv Tst PLC
13 July 2023
 

Dunedin Income Growth Investment Trust PLC (the "Company")

Legal Entity Identifier (LEI):  549300PPXLZPR5JTL763

Renewal of Loan Facility with Scotia Bank

13 July 2023

The Company announces that it has renewed its £30 million multi-currency revolving credit facility with Bank of Nova Scotia London Branch (the "Facility").

This facility replaces the expiring £30m multi-currency revolving credit facility with Bank of Nova Scotia London Branch (the "Lender") and will expire on 11 July 2024.  

Under the terms of the Facility the Company also has the option to increase the level of the commitment from £30 million to £40 million at any time, subject to the Lender's credit approval.

The Company has drawn down €13.1 million (GBP equivalent 11.2 million) under the Facility for a one month interest period.

The level of the Company's borrowings remains unchanged.

 

 

Enquiries:

Gordon Hay Smith

abrdn Holdings Limited

Secretaries

0131 372 2200

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 

Companies

Dunedin Income Growth Inv Trust (DIG)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today