Update on Debt Facility

Summary by AI BETAClose X

Templeton Emerging Markets Investment Trust PLC has increased its multi-currency revolving loan facility with The Bank of Nova Scotia to £150 million from £122 million, effective July 23, 2026, with no change to the rolling one-year termination terms and three-year commercial review periods. The facility carries a margin of 0.95% over the relevant market reference rate on GBP, USD, or CNH drawings and a 0.325% commitment fee on undrawn amounts. Current drawings total £79.7 million, CNH 300 million, and USD $50 million, with no other outstanding debt.

Disclaimer*

Templeton Emerging Markets IT PLC
04 August 2026
 

Templeton Emerging Markets Investment Trust PLC (the "Company")

Legal Entity Identifier: 5493002NMTB70RZBXO96

4 August 2026

 

Update on Debt Facility

The Company's £122 million multi-currency revolving loan facility with The Bank of Nova Scotia, London branch was increased to £150 million on 23 July 2026.  The terms have not changed, being a rolling agreement with the option to terminate after one year; commercial terms will be reviewed every three years. 

 

There is a margin of 0.95% per annum over the relevant market reference rate on drawings in any of the three currencies allowed under the facility (GBP, USD or CNH) and a commitment fee of 0.325% per annum on undrawn amounts. Current drawings are £79.7 million, CNH 300 million and USD $50 million.   

 

The Company has no other debt.

 

 

For further information please email temitcosec@franklintempleton.com

 

 

The information contained in this announcement is restricted and is not for publication, release or distribution in the United States of America, any member state of the European Economic Area, Canada, Australia, Japan or the Republic of South Africa.

 

 

END

 

 

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

Templeton Emerging Markets Inv Trust (TEM)
UK 100
FTSE quotes by TradingView

Latest directors dealings

All directors dealings today