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(Alliance News) - Edinburgh Investment Trust PLC on Monday said it renewed its revolving credit facility with the Bank of New York Mellon for GBP50 million, replacing the previous facility of GBP150 million.
The new GBP50 million loan matures on June 16, 2021. No details on the terms of the loan were disclosed by the investment trust.
Shares in the Edinburgh, Scotland-based company were down 1.1% at 476.50 pence each in London on Monday morning.
By Tapan Panchal; tapanpanchal@alliancenews.com
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