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
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Util (UTL)