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Debt Facility

9 Nov 2020 17:32

RNS Number : 7245E
Seneca Global Income & Growth PLC
09 November 2020
 

This announcement has been re-released to facilitate onward transmission by third party vendors.

 

The announcement is unchanged and is reproduced in full below.

 

 

Seneca Global Income & Growth Trust plc

 

To: RNS

From: Seneca Global Income & Growth Trust plc

LEI: 213800OQTUSRFDIL9L29

Date: 2 November 2020

 

 

 

Debt Facility

The Board of Seneca Global Income & Growth Trust plc ("the Company") announces that the Company has renewed its £10 million revolving credit facility with The Royal Bank of Scotland International Limited, London Branch for a further two years.

 

The facility bears interest at 1.05% over LIBOR and may be used for the acquisition of investments in accordance with the Company's investment policy and for the funding of share buy backs and dividend payments.

 

 

 

 

All enquiries:

PATAC Limited, Company Secretary 0131 538 1400

 

David Thomas, Seneca Investment Managers Ltd, 0151 906 2480

 

Gary Moglione, Seneca Investment Managers Ltd, 0151 906 2461

 

 

https://senecaim.com/private-investors/investment-trust/

 

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