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Share Price: 105.00

Bid: 102.00

Ask: 108.00

Change: 0.50 (0.48%)

Spread: 6.00 (5.882%)

Open: 104.50

High: 105.00

Low: 104.50

Prev. Close: 104.50

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UIL Extends Facility, Secures New Loan With Scotiabank

Wed, 18th May 2016 16:15

LONDON (Alliance News) - UIL Ltd said Wednesday that it has extended its GBP50 million multicurrency revolving facility with Scotiabank Europe until March 22 2018.

Additionally, it has also entered into a GBP25 million secured short term loan facility with Scotiabank, which can be drawn down at the end of October 2016 for six months.

Shares in the closed-end investment company ended up 1.7% at 118.20 pence Wednesday.

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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