Loading...

/News/RNS

Renewal of Loan Facility

RNS Announcement

RNS Number : 3120P

Aberdeen Standard Asia Focus PLC

08 June 2020

Aberdeen Standard Asia Focus PLC (the "Company")

Legal Entity Identifier (LEI): 5493000FBZP1J920QY70

New Loan Facility

8 June 2020

The Company announces that it has entered into a new two year multicurrency revolving loan facility of £20 million with The Royal Bank of Scotland International Limited ("RBSI"), which replaces the Company's $25m loan facility with RBSI, which matured on 5 June 2020.

£18.2 million of the loan has been drawn down at an all-in rate of 1.042250% and has been used to repay the maturing loan.

Up to £1.8 million remains available for drawdown in the future.

Aberdeen Asset Management PLC

Company Secretary

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 [email protected] or visit www.rns.com.

END

MSCFLFSERAITIII

RNS metadata

Title: Renewal of Loan Facility
Time: 16:50:52
Date: 8 Jun 2020
Category: Miscellaneous
ID: 3120P