Murray Income Trust PLC Enters into Revolving Multi-Currency Credit Facility with The Bank of Nova Scotia, London Branch
October 29, 2021 at 03:59 pm
Murray Income Trust PLC announced that it has entered into a new, three year multi-currency revolving credit facility of ?50 million with The Bank of Nova Scotia, London Branch, which replaces the Company's ?20 million facility with Scotiabank Europe PLC. Under the terms of the Facility, the company has the option to increase the level of the commitment from ?50 million to ?70 million at any time, subject to the identification by the Manager of suitable investment opportunities and the Lender's credit approval.