Sequoia Economic Infra Inc Fd Ld Repayment of Revolving Credit Facility (1702F)
October 25 2018 - 4:57AM
UK Regulatory
TIDMSEQI
RNS Number : 1702F
Sequoia Economic Infra Inc Fd Ld
25 October 2018
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 GBP116 million of its GBP150 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
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END
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