Templeton Emerging Markets IT PLC Update on Debt Facility (4749O)
31 Enero 2023 - 10:56AM
UK Regulatory
TIDMTEM
RNS Number : 4749O
Templeton Emerging Markets IT PLC
31 January 2023
31 January 2023
Templeton Emerging Markets Investment Trust PLC (the
"Company")
Legal Entity Identifier: 5493002NMTB70RZBXO96
Amendment and Restatement of Debt Facility
The Company announces that its multicurrency revolving facility
agreement with The Bank of Nova Scotia (the "Debt Facility") has
been amended and restated pursuant to an amendment and restatement
agreement dated 31 January 2023 (the "Amendment and Restatement
Agreement").
Pursuant to the Amendment and Restatement Agreement, the
maturity date under the Debt Facility has been extended to 30
January 2024. The commitment fee on unutilised commitments has also
been amended to a flat fee of 0.4 per cent. per annum. The other
material terms of the Debt Facility remain unchanged.
As at the date of this announcement, the Debt Facility is
undrawn.
Paul Manduca, Chairman of the Board commented:
"The Company's gearing policy currently permits debt of up to
20% of net asset value. The Board has decided that renewing the
Debt Facility to maintain the flexibility to use gearing when
appropriate remains appropriate."
For further information please email
temitcosec@franklintempleton.com or contact Client Dealer Services
at Franklin Templeton on free phone 0800 305 306, +44 (0) 20 7073
8690 for overseas investors, or e-mail
enquiries@franklintempleton.co.uk .
END
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
MSCNKDBPABKDBDN
(END) Dow Jones Newswires
January 31, 2023 11:56 ET (16:56 GMT)
Templeton Emerging Marke... (LSE:TEM)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Templeton Emerging Marke... (LSE:TEM)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024