REG - AVI Global Trust PLC - Revolving Credit Facility - Increased Limit

AVI Global TrustAnnouncement

05/03/2020 15:05

RNS Number : 1869F
  
AVI Global Trust PLC
  
05 March 2020
  
 

AVI GLOBAL TRUST PLC ("the Company")
 
Legal Entity Identifier (LEI): 213800QUODCLWWRVI968
 
5 March 2020
 
REVOLVING CREDIT FACILITY - INCREASED LIMIT
 
AVI Global Trust plc (the Company) has agreed with Scotiabank Europe PLC that the borrowing limit on its existing Japanese Yen 4.0 billion three year revolving credit facility will increase with immediate effect to Yen 9.0 billion. In addition, drawings of up to half of the facility limit may now be made in pounds sterling, US dollars and / or Euros.
 
The facility limit is equivalent to approximately £65 million at current exchange rates.
 
There is no change to the Company's formal investment policy as a result of this change.
 
Enquiries:         Asset Value Investors Ltd
                        020 7659 4800
 


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