focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksSequoia Economic Infrastructure Fund Share News (SEQI)

Share Price Information for Sequoia Economic Infrastructure Fund (SEQI)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 78.50
Bid: 78.50
Ask: 78.80
Change: -1.40 (-1.75%)
Spread: 0.30 (0.382%)
Open: 79.80
High: 80.20
Low: 78.30
Prev. Close: 79.90
SEQI Live PriceLast checked at -
Sequoia Economic Infrastructure Income is an Investment Trust

To provide investors with regular, sustained, long-term distributions and capital appreciation from a diversified portfolio of senior and subordinated economic infrastructure debt investments.

Find out More

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Sequoia Economic Infrastructure Income Fund To Raise New Capital

Mon, 20th Jan 2020 08:34

(Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd on Monday said it intends to raise additional equity capital to repay debt and invest in a strong pipeline of investment opportunities.

The economic infrastructure debt investor said that it had used GBP224 million of its GBP280 million revolving credit facility as at the end of 2019, as well as cash of GBP55.8 million, resulting in net leverage of GBP168.2 million. Sequoia also said it had undrawn commitments on existing investments valued at GBP92.7 million.

The company said the proceeds from the planned equity raise will be used to repay outstanding debt under its revolving credit facility as well as to take advantage of a "strong pipeline of available investment opportunities meeting its investment criteria".

Sequoia shares were down 1.9% at 116.40 pence each on Monday morning in London.

By Ife Taiwo; ifetaiwo@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
13 Dec 2018 08:43

Sequoia Economic Infrastructure makes further progress in first half

(Sharecast News) - Sequoia Economic Infrastructure Income Fund issued its interim results for the period from 1 April to 30 September on Thursday, reporting an annualised portfolio yield-to-maturity of 8.4% as at period end.

Read more
18 Oct 2018 09:32

Sequoia Economic Infrastructure Issues Shares As Advisor Fees (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Thursday it issued 304,485 shares to its investment advisor for fees payable for the three months to the end of FTSE a

Read more
10 Oct 2018 10:44

WINNERS & LOSERS SUMMARY: Urals Energy Sinks On Unauthorised Loan

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Sage up the

Read more
10 Oct 2018 08:42

LONDON MARKET OPEN: HSBC Settles US Claims; Hole Found In Patisserie

LONDON (Alliance News) - Stocks in London opened mixed on Wednesday amid lingering worries on global growth, while cafe chain Patisserie Holdings requested its shares be suspended a

Read more
10 Oct 2018 08:15

Sequoia Economic Infrastructure Increases Fund Raise To GBP253 Million (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Wednesday it has increased the size of a previously announced share offer to raise GBP253 million.The company a

Read more
19 Sep 2018 10:39

WINNERS & LOSERS SUMMARY: Kingfisher Falls As France Knocks Profit

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Wednesday.----------FTSE 100 - WINNERS----------Prudential, up The

Read more
19 Sep 2018 10:00

Sequoia Economic Infrastructure plans £200m fundraise

(Sharecast News) - Sequoia Economic Infrastructure Income Fund announced it was proceeding with a partially pre-emptive issue of ordinary shares to raise £200m gross proceeds, in light of what its board called a "growing set" of attractive investment opportunities in the economic infrastructure debt market.

Read more
19 Sep 2018 09:12

Sequoia Economic Infrastructure Income Fund To Raise GBP200 Million (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Wednesday it will raise GBP200 million via share issue to fund attractive investment opportunities in the economic up

Read more
20 Aug 2018 08:33

Sequoia Economic Infrastructure Income Considers Equity Capital Raise (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Monday that it is considering to raise further capital via equity issue to invest in an attractive pipeline of which a

Read more
20 Aug 2018 08:29

Sequoia Economic Infrastructure Considers Raising New Equity (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said on Monday it is considering raising further equity through the issue of shares.The FTSE 250-listed fund, which

Read more
10 Aug 2018 17:12

Sequoia Economic Fully Deploys Revolving Credit Facility

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Friday it has fully deployed the proceeds of its existing GBP100 million multi-currency revolving credit Economic will

Read more
14 May 2018 09:02

Sequoia Economic Infrastructure Repays GBP71 Million Of Loan Facility

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said Monday that it has repaid GBP70.7 million of its GBP100 million multi-currency leverage facility from proceeds of its

Read more
25 Apr 2018 09:28

Sequoia Economic Infrastructure Prices Placing At 104 Pence Per Share (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd on Wednesday said the price for its recently announced share placing will be 104.00 pence per share.Shares were at a

Read more
4 Apr 2018 08:51

Sequoia Economic Considers Future Equity Issue, Draws USD55 Million (ALLISS)

LONDON (Alliance News) - Sequoia Economic Infrastructure Income Fund Ltd said on Wednesday it has drawn USD55.0 million from its GBP100.0 million

Read more
18 Oct 2016 08:57

Sequoia Economic Infrastructure Issues Shares To Manager, Ups Payout (ALLISS)

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.