IN BRIEF: HarbourVest Global increases multi-currency credit facility

Tue, 21st Dec 2021 11:52

HarbourVest Global Private Equity Ltd - London-based investment fund - Increases its multi-currency credit facility to USD700 million from USD600. The additional USD100 million is being provided by Credit Suisse AG London Branch, increasing its total commitment to USD400 million. Mitsubishi UFJ Trust Banking Corp will retain its current commitment of USD300 million. The facility has a guaranteed term of five years and currently remains undrawn.

Current stock price: 2,743.00 pence, up 0.5% on Tuesday

Year-to-date change: up 41%

By Heather Rydings; heatherrydings@alliancenews.com

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