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Aberdeen Equity Income Trust plc entered into a new £30 million revolving credit facility with the Bank of China Limited, London Branch, on 24 June 2026, for a three-year term expiring on 22 June 2029. £26 million of this facility was drawn down on the same day at an initial all-in rate of 4.6296% and used to fully repay its expiring facility with Royal Bank of Scotland International Limited, London Branch. The Company's separate £10 million fixed rate loan with RBSI, drawn at 3.903%, remains in place until May 2027.
| Date | 24 Jun 2026 |
| Time | 07:00:06 |
| Category | Miscellaneous |
| ID | 4576J |
ABERDEEN EQUITY INCOME TRUST PLC
Legal Entity Identifier (LEI): 21380015XPT7BZISSQ74
Renewal of Loan Facility
24 June 2026
Aberdeen Equity Income Trust plc ("the Company") announces that it has entered into a £30 million revolving credit facility (the "Facility") with the Bank of China Limited, London Branch (the "Lender") for three years.
£26m of the Facility has been drawn down today at an initial all-in rate of 4.6296% and the proceeds used to repay the amount outstanding under the Company's expiring revolving credit facility with the Royal Bank of Scotland International Limited, London Branch ("RBSI"), in full.
The Facility will expire on 22 June 2029.
Under the terms of the Facility, the Company also has the option to increase the level of the commitment from £30 million to £50 million at any time, subject to the Lender's credit approval and the approval of RBSI during the term of the fixed rate loan.
The Company's £10m fixed rate loan with RBSI, which is drawn at a rate of 3.903%, remains in place until May 2027.
For further information please contact:
abrdn Holdings Limited
Company Secretary
Tel: 0131 372 9153