Sequoia repays $70 million, £115 million of revolving credit facility

By Sarah Lizee

Olympia, Wash., July 5 – Sequoia Economic Infrastructure Income Fund Ltd. repaid in full the $70 million U.S.-dollar balance on its revolving credit facility and £115 million of the outstanding sterling balance of £140 million, according to a notice.

The company said it had completed an oversubscribed equity placing.

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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