Refinancing of investment

RNS Number : 9003X

GCP Infrastructure Investments Ltd

30 November 2017

 

GCP Infrastructure Investments Limited

("GCP Infra" or the "Company")

LEI 213800W64MWATSIV5Z47

Headline: Refinancing of investment

30 November 2017

GCP Infra, which is the only UK listed fund focused primarily on investments in UK infrastructure debt, is pleased to announce the completion on 29 November 2017 of a refinancing by funds and accounts under management by Blackrock Investment Management (UK) Limited of a portfolio of loan notes held by the Company which are secured against infrastructure assets in the UK and which were valued at £97.4 million as at 30 September 2017 (the "Loan Notes").

Pursuant to this refinancing, the Company will retain a subordinated investment of £27.7 million secured against the cash flows from the same portfolio of assets at a materially enhanced rate of return.

The proceeds of this refinancing will be used for making new investments in accordance with the Company's investment policy.

For further information, please contact:

Gravis Capital Management Limited                                                      [phone]

Stephen Ellis

Rollo Wright

Dion Di Miceli

Stifel Nicolaus Europe Limited                                                                 [phone]

Mark Bloomfield

Neil Winward

Tunga Chigovanyika

 Buchanan                                                                                                      [phone]

Charles Ryland

Henry Wilson

Victoria Hayns

 Notes to the Editor

About GCP Infra

The Company is a closed-ended London Stock Exchange-listed investment company that seeks to generate returns from senior and subordinated infrastructure debt and related and/or similar assets. The Company is advised by Gravis.

 

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