AUSC Abrdn Uk Smaller Companies Growth Trust Plc

TIDMAUSC

RNS Number : 9994E

abrdn UK Smaller Cos. Growth Trust

02 November 2022

ABRDN UK SMALLER COMPANIES GROWTH TRUST PLC

Legal Entity Identifier (LEI): 213800J6D2TVHRGKBG24

New Loan Facility

2 November 2022

abrdn UK Smaller Companies Growth Trust plc ("the Company") announces that it has agreed a new revolving credit facility of GBP40 million (the "RCF") with The Royal Bank of Scotland International Limited. The RCF has a further uncommitted accordion provision allowing the Company to request an increase, subject to lender's approval, of up to an additional GBP25 million. The Company drew GBP25 million of the RCF on 1 November 2022 and used the proceeds drawn to repay, in full, the existing GBP25 million fixed-rate loan which matured on that date.

The new facility will expire on 1 November 2025.

For further information please contact:-

Evan Bruce-Gardyne

Client Director, Closed End Funds

abrdn plc

Tel: 0131 372 2200

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November 02, 2022 03:01 ET (07:01 GMT)

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