Chicago, June 25 – Baillie Gifford European Growth Trust plc sold €30 million of 1.55% senior notes due June 24, 2036 in a private placement, according to a press release.
The aggregate €75 million of available borrowings provides scope for invested borrowing to go to 12% of shareholders’ funds as of June 23.
The issuer is a London-based alternative investment manager.
| Issuer: | Baillie Gifford European Growth Trust plc
|
| Issue: | Senior notes
|
| Amount: | €30 million
|
| Maturity: | June 24, 2036
|
| Coupon: | 1.55%
|
| Settlement date: | June 24
|
| Distribution: | Private placement
|
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