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Triple Point Energy Efficiency Infrastructure Co PLC - investment firm - Enters agreement for a £40 million revolving credit facility with TP Leasing Ltd. The facility has a two-year term with the option for extension, while the facility is priced at the SONIA plus 2.5%.
The facility will be used to fund its pipeline of high-quality investment opportunities.
‘I am pleased that TEEC has secured appropriate debt finance on favourable terms. We look forward to updating the market in due course as the company executes on its pipeline of attractive investment opportunities,’ says Chair John Roberts.
Current stock price: 85.00 pence
12-month change: down 17%
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