25 Oct 2018 09:57
25 October 2018
Sequoia Economic Infrastructure Income Fund Limited (the "Company" or "SEQI")
Repayment of Revolving Credit Facility
On 10 October 2018, SEQI, the specialist investor in economic infrastructure debt, announced that it had completed its oversubscribed Open Offer, Placing and Offer for Subscription. SEQI is pleased to confirm that it has repaid the outstanding balance of approximately £116 million of its £150 million multi-currency leverage revolving credit facility ("the Credit Facility") from the equity issue proceeds.
The Company continues to see a strong pipeline of attractive investment opportunities in which it intends to deploy the remaining proceeds of the equity issue and future drawings under the Credit Facility.
LEI: 2138006OW12FQHJ6PX91
For further information please contact:
Sequoia Investment Management Company +44 (0)20 7079 0480
Steve Cook
Dolf Kohnhorst
Randall Sandstrom
Greg Taylor
Stifel Nicolaus Europe Limited +44 (0)20 7710 7600
Neil Winward
Mark Bloomfield
Gaudi Le Roux
Tulchan Communications (Financial PR) +44 (0)20 7353 4200
James Macey White
Martin Pengelley
Elizabeth Snow
Praxis Fund Services Limited (Company Secretary) +44 (0) 1481 755530
Matt Falla
Sequoia Economic Infrastructure Fund (SEQI)