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Sequoia repays £116 million of multicurrency revolving facility
By Marisa Wong
Morgantown, W.Va., Oct. 25 – Sequoia Economic Infrastructure Income Fund Ltd. has repaid the outstanding balance of £116 million of its £150 million multicurrency leverage revolving credit facility using proceeds from an equity issuance, according to a notice.
The company said it intends to make future drawings under the credit facility for investment purposes.
Sequoia is a Guernsey, U.K.-based investment fund focused in the areas of transport, transportation equipment, utilities, power, renewable energy and telecommunications infrastructure.
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