UK markets closed
  • FTSE 100

    7,019.53
    +36.03 (+0.52%)
     
  • FTSE 250

    22,522.18
    +50.14 (+0.22%)
     
  • AIM

    1,254.25
    +6.12 (+0.49%)
     
  • GBP/EUR

    1.1540
    +0.0029 (+0.25%)
     
  • GBP/USD

    1.3840
    +0.0056 (+0.41%)
     
  • BTC-GBP

    43,740.44
    -1,040.95 (-2.32%)
     
  • CMC Crypto 200

    1,398.97
    +7.26 (+0.52%)
     
  • S&P 500

    4,185.47
    +15.05 (+0.36%)
     
  • DOW

    34,200.67
    +164.68 (+0.48%)
     
  • CRUDE OIL

    63.07
    -0.39 (-0.61%)
     
  • GOLD FUTURES

    1,777.30
    +10.50 (+0.59%)
     
  • NIKKEI 225

    29,683.37
    +40.68 (+0.14%)
     
  • HANG SENG

    28,969.71
    +176.57 (+0.61%)
     
  • DAX

    15,459.75
    +204.42 (+1.34%)
     
  • CAC 40

    6,287.07
    +52.93 (+0.85%)
     

Aberforth Smaller Companies Trust Plc - Borrowing Facilities

  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
  • Oops!
    Something went wrong.
    Please try again later.

Aberforth Smaller Companies Trust plc (the "Company")

Borrowing Facilities

The Board of Aberforth Smaller Companies Trust plc announces that the Company has refinanced the existing unsecured committed Revolving Credit Facility with The Royal Bank of Scotland International Limited in the amount of £130m for a further three years. The facility bears interest at 0.80 per cent over LIBOR and is due to expire on 15 June 2023.

In addition, a new overdraft facility has been obtained from Northern Trust, the Company’s custodian, in the amount of £20m for short term working capital requirements.

For further information contact: Michael Campbell, Aberforth Partners LLP.

Telephone: 0131 220 0733

Aberforth Partners LLP, Secretaries

END