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Pin to quick picksF&C Investment Trust Share News (FCIT)

Share Price Information for F&C Investment Trust (FCIT)

London Stock Exchange
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Share Price: 992.00
Bid: 994.00
Ask: 995.00
Change: -8.00 (-0.80%)
Spread: 1.00 (0.101%)
Open: 1,004.00
High: 1,004.00
Low: 992.00
Prev. Close: 1,000.00
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IN BRIEF: F&C Investment Trust to issue GBP150 million in notes

Fri, 03rd Dec 2021 21:20

F&C Investment Trust PLC - aims for long-term growth and income by investing in listed equities globally - Will issue fixed rate senior unsecured notes in three tranches.

First tranche is for GBP50 million in notes at a coupon of 2.06% due 2037, the second for GBP45 million in notes at 1.96% due 2056, and the third for GBP45 million at a 1.87% coupon, due 2061.

Proceeds will go towards refinancing existing indebtedness, and well as investment and other general corporate purposes.

Current stock price: 899.00 pence

Year-to-date change: up 14%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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