Pre-payment of £6.25m loan
Download PDF(opens in a new tab)16 May 2014
GCP Infrastructure Investments Limited
("GCP" or "the Company")
Pre-payment of £6.25m loan
On 3 April 2013 the Company announced that a loan of £11.25m had been made to GCP RHI Boiler 2 Limited. The proceeds of the loan were used to fund a debt facility to finance the installation of biomass boilers on commercial premises. On 27 January 2014, GCP RHI Boiler 2 Limited pre-paid £5m of the loan amount then outstanding. Given that the demand for such boilers has remained significantly lower than anticipated, GCP RHI Boiler 2 Limited pre-paid the remaining £6.25m of the loan amount outstanding on 15 May 2014.
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Contact details: |
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Gravis Capital Partners LLP |
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Stephen Ellis |
+44 (0)20 7518 1495 |
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Rollo Wright |
+44 (0)20 7518 1493 |
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Oriel Securities |
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Neil Winward |
+44 (0)20 7710 7600 |
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Mark Bloomfield |
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Tunga Chigovanyika |
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Cenkos Securities |
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Dion Di Miceli |
+44 (0)20 7397 1921 |
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Tom Scrivens |
+44 (0)20 7397 1915 |
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Buchanan |
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Charles Ryland |
+44 (0)20 7466 5000 |
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Sophie McNulty |
Notes to Editors
The Company
The Company is a closed-ended investment company that seeks to generate returns from senior and subordinated infrastructure debt and related and/or similar assets. The Company is advised by Gravis Capital Partners LLP.
This information is provided by RNS