Scottish Mortgage Investment Trust plc Raises Further Long-Term Borrowings of £200 Million
August 11, 2021 at 05:28 am EDT
Scottish Mortgage Investment Trust PLC announces that it has raised a further c£200 million by issuing two long-term, fixed rate, senior, unsecured private placement notes. The first is a 15-year note for £100 million with a fixed coupon of 2.03%, the second, a 25-year note for £100 million with a fixed coupon of 2.30%. Both notes are denominated in sterling and funded on 10 August 2021.