Renewal of Loan Facility

Summary by AI BETAClose X

Aberdeen Equity Income Trust plc has secured a new three-year, £30 million revolving credit facility with the Bank of China Limited, London Branch, which commenced on June 24, 2026, and will expire on June 22, 2029. The company has drawn £26 million of this facility at an initial all-in rate of 4.6296% to fully repay its previous revolving credit facility. The new facility includes an option to increase the commitment to £50 million, subject to lender and existing lender approval. The company's existing £10 million fixed rate loan at 3.903% with RBSI remains in place until May 2027.

Disclaimer*

UK 100

Latest directors dealings