E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/26/2020 in the Prospect News Bank Loan Daily.

ICG Enterprise draws £40 million from £148 million bank facility

By Sarah Lizee

Olympia, Wash., March 26 – ICG Enterprise Trust plc said it recently drew £40 million from its £148 million bank facility, according to a press release.

At Jan. 31, the company had availability of £163 million, including the bank facility and £15 million of cash. The recent draw takes total gross cash balances to £56 million as of March 20.

ICG Enterprise is an investment company based in London.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.