Schroder UK Public Private Trust plc announces extension of Credit Facility

  • Dec 13, 2019 GMT
  • Team Kalkine
  • On 13th December 2019, the company announced its existing credit facility to extend the term for 12 months to 15th January 2021 from 15th January 2020.
  • The company also reported that the commitment under the facility has been reduced to £112.9 million.
  • It was highlighted that the annual interest rate has remained unchanged at LIBOR + 1.5 per cent.
  • The company ensured that they are taking the necessary steps to reduce the borrowings.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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