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IN BRIEF: GCP Asset Backed Income extends £50 million credit by year

ALN

GCP Asset Backed Income Fund Ltd - London-based UK asset backed loan investor - Extends existing £50 million revolving credit facility to August 2024. Says the maturity date was previously August 2023. The 12-month extension maintains the previous facility under the same terms.

Current stock price: 60.77 pence, up 1.6% on Friday morning in London

12-month change: down 36%

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