24 May 2017
Scotiabank £25m bridge facility - repayment of facility
Further to the announcement on 24 April 2017, UIL Limited ("UIL") is pleased to announce that it has now repaid its senior secured multicurrency bridge facility with Scotiabank Europe PLC ("Scotiabank").
Having been fully drawn as to NZ$43.75 million as at 31 March 2017, UIL repaid NZ$8.75 million on 13 April 2017 and repaid the balance of NZ$35.0 million today. UIL continues to utilise its existing £50 million committed senior secured multicurrency revolving facility with Scotiabank which runs until 22 March 2018.
For further information please contact:
ICM Investment Management Limited
This information is provided by RNS