E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Add to balance / Manage account  User:  Log out
Prospect News home > News index > List of issuers D > Headlines for Downing Renewables & Infrastructure Trust plc > News item
Published on 1/26/2023 in the Prospect News Green Finance Daily.

Downing Renewables lifts revolver to £40 million, adds green feature

By Marisa Wong

Los Angeles, Jan. 26 – Downing Renewables & Infrastructure Trust plc has increased its revolving credit facility with Santander to £40 million from £25 million, according to a news release.

The company said the additional capital available will facilitate further investment in its pipeline of acquisition opportunities.

Terms of the revolver will now include a “green projects” initiative and will operate under the Loan Market Association’s (LMA) Green Loan Principles.

The closed-end investment company is based in the United Kingdom.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.