Digital 9 Infrastructure completes £273.5m repayment of revolving credit facility

Follows Verne Global sale

Eve Maddock-Jones
clock • 1 min read

Digital 9 Infrastructure has completed a £273.5m repayment and partial cancellation of its revolving credit facility, after receiving the proceeds from its sale of Verne Global.

The investment trust completed on the £450m sale earlier this month (15 March) and in an RNS notice today confirmed it had used a portion of the proceeds to pay towards its RCF. Digital 9 Infrastructure completes Verne Global sale for £450m The board said £23m from the Verne deal had been allocated for "prudent capital management to cover possible future liabilities arising from certain value-added tax related indemnification provisions", along with additional RCF repayment and cancellation. It said that an additional RCF repayment and cancellation will be made once the deferred $2...

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