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IN BRIEF: Aberdeen Latin American replaces GBP6 million facility

Fri, 13th Aug 2021 15:48

Aberdeen Latin American Income Fund Ltd - investment firm - Enters into a new unsecured GBP6 million multi-currency revolving facility agreement with Bank of Nova Scotia, London Branch. The new facility replaces the company's expiring GBP6 million facility with Scotiabank Europe PLC and is for a period of two years. The company has drawn down GBP5.5 million under the new facility for a one month interest period and the level of gearing remains unchanged.

Current stock price: 55.00 pence

Year-to-date change: down 12%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

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IN BRIEF: Aberdeen Latin American replaces GBP6 million facility

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