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Aberdeen Asian Smaller Cos agrees $25m loan

12 June 2017 08:21

Aberdeen Asian Smaller Companies Investment Trust has agreed a new three year multi-currency revolving loan facility and a term loan facility for $25m with The Royal Bank of Scotland.

The company said it had drawn down $12.5m under the term loan at an all-in rate of 2.506% fixed for three years.

It said $9m of the term loan proceeds had been used to repay a maturing loan with State Street.

It said up to $12.5m remained available for drawing in the future under the revolving loan facility.

At 8:21am: (LON:AAS) Aberdeen Asian Smaller Companies Investment Trust Plc share price was -3p at 1062p

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