Advance Frontier Markets Fund Ltd Revolving loan facility (6150U)
April 08 2016 - 4:30AM
UK Regulatory
TIDMAFMF
RNS Number : 6150U
Advance Frontier Markets Fund Ltd
08 April 2016
ADVANCE FRONTIER MARKETS FUND LIMITED
Revolving loan facility
Advance Frontier Markets Fund Limited (the "Company") announces
that it has extended its borrowing facility with Investec Bank plc
for a further one year period. Under the terms of the facility the
Company may draw down loans of, in aggregate, up to US$6 million.
The other terms, including the rate of interest payable, are
materially the same as per the existing facility. The rate of
interest on each loan is calculated at LIBOR plus a margin of 3.25
per cent per annum.
8 April 2016
www.frontiermarketsfund.com
Enquiries:
Aberdeen Emerging Capital Limited (investment manager to Advance
Frontier Markets Fund Limited)
Andrew Lister / Bernard Moody Tel: +44 (0)20 7618 1440
Grant Thornton UK LLP (Nominated Adviser)
Philip Secrett Tel: +44 (0)20 7383 5100
Numis Securities Limited (Nominated Broker)
David Benda Tel: +44 (0) 20 7260 1275
END
This information is provided by RNS
The company news service from the London Stock Exchange
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