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Aberdeen Asian Income Secures GBP10 Million Term Loan Facility

Wed, 04th Mar 2015 10:02

LONDON (Alliance News) - Aberdeen Asian Income Fund Ltd on Wednesday said it has entered into a three-year GBP10 million term loan facility with Scotiabank Europe PLC.

The facility is in addition to the existing GBP30 million multi-currency revolving facility the fund has in place with Scotiabank (Ireland) Ltd, due to mature in April 2017.

Shares in the fund were down 0.3% to 196.844 pence on Wednesday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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