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IN BRIEF: JPMorgan Japanese Investment secures JP¥10 billion facility

ALN

JPMorgan Japanese Investment Trust PLC - invests in Japanese companies ‘across the market cap spectrum’ in high-growth industries - Secures new revolving credit facility of JP¥10 billion, around £61.0 million, with capacity to increase this by further JP¥2 billion. Says the new loan facility provides it with capacity to reach full gearing and room to increase gearing in line with net asset value growth if suitable opportunities arise.

Current stock price: 457.80 pence, down 1.8% on Wednesday

12-month change: down 12%

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