In QuotedData’s other news 21 November 2019 –
- Marble Point Loan Financing (MPLF) closed a credit agreement with City National Bank establishing a revolving credit facility of up to US$12.5m on 20 November 2019. The facility will provide the company with flexible capital for acquiring investments in accordance with its investment objective and strategy and for general corporate purposes.
- Shires Income reported NAV returns just ahead of the All-Share Index for the six months ended 30 September 2019 (+4.7% versus +4.6%). This was helped by strong performnace from the preference share portfolio, which offset falls in some high yielding equities. Income generation was strong and quarterly dividends have been running at 3p (the final dividend is usually a bit bigger than the first three).
Elsewhere, Greencoat Renewables announced plans to issue 350m shares over the next 12 months, beginning with an initial placing that aims to raise around EUR100m. We also looked at full-year results from Residential Secure Income (RESI) and a strong set of interim results from Montanaro European Smaller Companies (MTE).