We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Lowland Investment Company Plc | LSE:LWI | London | Ordinary Share | GB00BNXGHS27 | ORD 2.5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.00 | -0.84% | 118.00 | 118.00 | 119.00 | 118.50 | 118.00 | 118.50 | 172,201 | 16:11:03 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 57.32M | 52.79M | 0.1954 | 6.04 | 318.82M |
From Apr 2019 to Apr 2024
TIDMLWI
RNS Number : 7489Q
Lowland Investment Co PLC
01 December 2016
HENDERSON INVESTMENT FUNDS LIMITED
LOWLAND INVESTMENT COMPANY PLC
1 December 2016
LOWLAND INVESTMENT COMPANY PLC
Fixed Rate Borrowing
Lowland Investment Company plc ("Lowland" or the "Company") has agreed to issue GBP30m in senior unsecured fixed rate private placement notes (the "Notes") at an annualised coupon of 3.15% with a 20 year bullet maturity. The funding date for the Notes will be 5 January 2017 and the Notes will be due for repayment on 5 January 2037. The semi-annual interest payment dates for the Notes will be 5 July and 5 January.
The net proceeds from the Company's issuance of the Notes will be used for investment and general corporate purposes, including the repayment of short-term bank debt. There has been no change in the Company's gearing policy.
The Company considers obtaining such Sterling denominated financing on an unsecured basis at this price level and at a 20 year tenor to be highly attractive. Furthermore, the issuance of the Notes has the advantage of balancing the maturity profile of the Company's liabilities.
Enquiries
James Henderson/Laura Foll
Fund Managers
Lowland Investment Company plc
Telephone: 020 7818 4370/020 7818 6364
J.P. Morgan Cazenove
Corporate Broker
Tel: +44 (0)20 7742 4000
William Simmonds
Disclaimer
The Notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Act") and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Act. This notice is for information only, does not constitute an offer to sell or the solicitation of an offer to buy any security and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
This information is provided by RNS
The company news service from the London Stock Exchange
END
DOCBLBDDIBGBGLB
(END) Dow Jones Newswires
December 01, 2016 11:22 ET (16:22 GMT)
1 Year Lowland Investment Chart |
1 Month Lowland Investment Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
