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LONDON (Alliance News) - Aberdeen Asian Income Fund Ltd Thursday said it has signed a new unsecured, three-year GBP30 million multi-currency revolving credit facility with Scotiabank (Ireland) Ltd, replacing a GBP15 million secured facility that matured.
In a statement, the fund said that under the new facility, the existing drawings of HKD102.8 million and USD11.0 million have been rolled to May 16 at all-in rates of 1.1621% and 1.1014%, respectively.
Aberdeen Asian Income Fund shares were up 0.3% at 199 pence Thursday morning.
By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1
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