Repayment of Bank Debt
June 30 2003 - 1:20PM
UK Regulatory
RNS Number:9777M
Investment Trust of Inv Tst PLC
30 June 2003
The Investment Trust of Investment Trusts PLC (the "Company") - Repayment of
Bank Debt
The board announces that #180,000 of the sum drawn down under its loan facility
with Bank of Scotland (the "Facility") was repaid today together with associated
interest rate break costs of #19,256.
The total assets of the Company are required to represent in excess of 165% of
the amount drawn down under the Facility in accordance with its terms. As at
close of business on 27th June 2003 the Company's total assets were estimated by
Jupiter Asset Management Limited to have been #12,904,200 representing 69% of
the #18,700,000 drawn down under the Facility. The balance of the Facility drawn
down following the repayment is #18,520,000.
Enquiries:
Thomas Elliott - Company Secretary - 020 7412 0703
Andrew Watkins / Richard Pavry - Jupiter Asset Management Limited -
020 7412 0703
This information is provided by RNS
The company news service from the London Stock Exchange
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