Source - Alliance News
HarbourVest Global Private Equity Ltd - London-based investment fund - Increases its multi-currency credit facility to $800 million from $700 million. The additional $100 million is being arranged by Credit Suisse AG London Branch and is being provided by Guardians of New Zealand Superannuation. Says that this ‘complements’ the existing $400 million provided by Credit Suisse. Mitsubishi UFJ Trust Banking Corp will also retain its current commitment of $300 million. The facility has a guaranteed term of five years and currently remains undrawn.
Current stock price: 3.93 pence, down 3.0% on Monday
12-month change: down 45%
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