In QuotedData’s morning briefing 23 September 2024:

• Literacy Capital (BOOK) has secured a new Revolving Credit Facility (RCF) with OakNorth Bank Plc, which has replaced its existing £30m RCF that was due to expire in December 2024. The new RCF has a three-year term, which will expire in September 2027, and provides BOOK with up to £40m of funding. £30m is fully committed, with an incremental £10m also available, which BOOK can utilise during the life of the RCF. BOOK says that, in addition to extending the term of the RCF until 2027, the new facility also provides additional capital and flexibility at a lower cost than the existing facility. Richard Pindar, CEO of BOOK’s investment manager, said that several competitive proposals were received from lenders, all of which offered more attractive terms than the original facility put in place in 2021.

We also have:

• Annual results from Brown Advisory US Smaller Companies