Repayment of Revolving Credit Facility

RNS Number : 8879N

Sequoia Economic Infra Inc Fd Ld

14 May 2018

 

14 May 2018

Sequoia Economic Infrastructure Income Fund Limited (the "Company" or "SEQI")

Repayment of Revolving Credit Facility

On 4 May 2018, SEQI, the specialist investor in economic infrastructure debt, announced that it had completed its oversubscribed equity placing. SEQI is pleased to confirm that it has repaid approximately £70.7 million of its £100 million multi-currency leverage facility ("the Company Facility") from the equity placing proceeds. Approximately £5 million remains drawn on the Company Facility.

The Company continues to see a strong pipeline of attractive investment opportunities.

LEI: 2138006OW12FQHJ6PX91

For further information please contact:

Sequoia Investment Management Company                            [phone]

Steve Cook

Dolf Kohnhorst

Randall Sandstrom

Greg Taylor

Stifel Nicolaus Europe Limited                                                  [phone]

Neil Winward

Mark Bloomfield

Gaudi Le Roux

Tulchan Communications (Financial PR)                                 [phone]

James Macey White

Martin Pengelley

Elizabeth Snow 

Praxis Fund Services Limited (Company Secretary)               [phone]

Matt Falla                     

 

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