IN BRIEF: Aberdeen Latin American replaces GBP6 million facility

Fri, 13th Aug 2021 15:48

Aberdeen Latin American Income Fund Ltd - investment firm - Enters into a new unsecured GBP6 million multi-currency revolving facility agreement with Bank of Nova Scotia, London Branch. The new facility replaces the company's expiring GBP6 million facility with Scotiabank Europe PLC and is for a period of two years. The company has drawn down GBP5.5 million under the new facility for a one month interest period and the level of gearing remains unchanged.

Current stock price: 55.00 pence

Year-to-date change: down 12%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Related Shares

More News

12 Jun 2023 13:30

IN BRIEF: abrdn Latin American Income Fund shares suspended

abrdn Latin American Income Fund Ltd - investment company focused on Latin America - Shares suspended from Monday, "at the request of the company."

9 Jun 2023 14:34

TRADING UPDATES: Medica shareholders back takeover; Arecor optimistic

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Friday and not separately reported by Alliance News:

18 May 2023 16:23

IN BRIEF: abrdn Latin American Income Fund proposes winding up company

abrdn Latin American Income Fund Ltd - investment company focused on Latin America - Further to the announcement made on Monday, puts forward proposal...

4 May 2023 16:11

UK dividends calendar - next 7 days

15 Mar 2023 12:46

IN BRIEF: abrdn Latin American proposes winding up of company

abrdn Latin American Income Fund Ltd - investment company focused on Latin America - Says it will put forward proposals for the company to be placed ...