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PEYS Princess Private Equity Holding Limited

907.00
-9.00 (-0.98%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Princess Private Equity Holding Limited LSE:PEYS London Ordinary Share GG00B28C2R28 ORD EUR0.001 (GBP)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -9.00 -0.98% 907.00 888.00 926.00 924.00 918.00 918.00 558 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 62.21M 18.42M 0.2664 34.68 638.96M

Princess Private Equity Increases Credit Facility With Lloyds

18/03/2020 10:27am

Dow Jones News


Princess Private Equity (LSE:PEYS)
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By Matteo Castia

 

Princess Private Equity Holding Ltd. said Wednesday that it has agreed to extend and increase its senior revolving-credit facility with Lloyds Banking Group PLC.

The investment holding group said it has increased its facility to 80 million euros ($88.5 million) from the initial EUR50.0 million amount.

It added that the term of expiration has been extended to Dec. 13, 2024, from the originally agreed Dec. 14, 2020.

The company will still have to pay an arrangement fee of EUR800,000.

Princess Private Equity said the facility will support short-term funding needs and simultaneously maintain a high investment level and a conservative balance sheet.

Shares at 0945 GMT were down 22 euro cents, or 2.9%, at 7.50 cents.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

March 18, 2020 06:12 ET (10:12 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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