LONDON: Aquila European Renewables Income Fund announced that its wholly owned subsidiary, Tesseract Holdings Limited has reached contractual close in relation to a two year, EUR 40 million secured revolving credit facility (RCF). Lenders under the RCF include ING Bank N.V. and The Royal Bank of Scotland International Limited. As outlined in the Company’s Initial…
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XS Financial obtains revolving credit facility to support continued growth
LOS ANGELES: XS Financial Inc. has successfully closed a US$2million senior secured revolving credit facility, with an FDIC insured bank, which has a term of two (2) years, expiring in November 2022. Loans made under the revolving facility will bear interest at an annual rate equal to the greater of i) eight percent (8.0%) per…
GPE signs £450 million ESG-linked revolving credit facility
LONDON: Great Portland Estates (GPE) signed a £450 million ESG-linked unsecured revolving credit facility (RCF) at a headline margin of 90 basis points over LIBOR with a group of five existing relationship banks. The facility has an initial five-year term which may be extended to a maximum of seven years at GPE’s request, subject to…