Asia Dragon Trust plc announced that under the terms of the company's existing multi-currency revolving credit facility with The Royal Bank of Scotland International Limited, London Branch (the Lender), which was put in place on 29 July 2022, the company has obtained an increased level of commitment from the Lender, from £35 million to £50 million. The Investment Manager has drawn down the equivalent of the additional £15 million in HKD, following the identification of suitable investment opportunities and the Company's facilities, which are unsecured, now consist of the following: a £25 million loan which was drawn in full on 29 July 2022 and fixed for two years at an all-in rate of 3.5575%; and a two year £50 million multi-currency revolving credit facility, under which HKD 491.9 million has been drawn.
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5-day change | 1st Jan Change | ||
368 GBX | +1.94% | +4.25% | +4.25% |
Apr. 23 | Asia Dragon underperforms benchmark as Chinese equities falter | AN |
Apr. 23 | Asia Dragon Trust plc Reports Earnings Results for the Half Year Ended February 29, 2024 | CI |
1st Jan change | Capi. | |
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+4.25% | 729M | |
+3.27% | 14.32B | |
+3.12% | 6.21B | |
+12.72% | 4.4B | |
+10.97% | 4.36B | |
-7.52% | 4B | |
+3.61% | 3.51B | |
+8.55% | 3.22B | |
+7.91% | 3.06B | |
-1.91% | 2.77B |
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