Bank Borrowings

RNS Number : 4872B
Standard Life Equity Income Tst PLC
18 February 2011
 



18 February 2011

 

STANDARD LIFE EQUITY INCOME TRUST PLC ("the Company")

 

 

Standard Life Equity Income Trust has entered into a new 3 year £20m revolving credit facility with RBS to replace its existing facility with RBS. The margin on the new facility with be 125 bps above LIBOR.

 

£15m of the RBS facility is currently drawn down.

 

 

END

 


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