In QuotedData’s morning briefing 21 October 2024:
- Ecofin US Renewables Infrastructure (RNEW) has agreed an amendment and extension to its existing revolving credit facility (RCF) with KeyBank, one of the main lenders to the US renewable energy industry. The RCF is now due to mature in October 2025 and there is scope for the size of the facility to reduce as assets are realised as part of the proposed programme for the sale of the trust’s assets. The trust also has a new website https://rnewfund.com/.
- Augmentum Fintech (AUGM) has appointed its joint brokers Peel Hunt LLP and Singer Capital Markets Securities Limited to manage an irrevocable share buyback programme where the brokers will automatically buy back ordinary shares within certain pre-set parameters on AUGM’s behalf. Any ordinary shares repurchased under the programme will be held in treasury. The programme starts today and will run until publication of AUGM’s interim report for the six months ended 30 September 2024.
- Impact Healthcare REIT (IHR) has changed its name to Care REIT plc to align with the Financial Conduct Authority’s (FCA) updated Sustainability Disclosure Requirements. Its stock market ticker will become CRT.
We also have:
JPMorgan Emerging EMEA Securities updates on Russian court order
Starwood European Real Estate Finance’s Irish office portfolio impaired by 50%
