The Board of JPMorgan American Investment Trust plc announced that it has raised an additional $35 million of long-term debt through the issue a fixed rate, senior unsecured privately placed note (the "Note"). The Note, which will be funded on 7th October 2021, is $35 million in total, maturing in 2032 with a fixed coupon of 2.32%. The net proceeds from the Notes will be used in part to repay the Company's short-term indebtedness. The balance of the proceeds will be available to be invested as and when attractive opportunities arise. The Company's short-term debt facility will remain available providing further investment flexibility.