6 December 2016
Lowland to issue £30m of long-term loan notes
New facility will add flexibility and enable repayment of some shorter-term debt
Lowland Investment Company (LWI) has announced it is to issue £30m in sterling-denominated loan notes. The senior unsecured private placement notes will mature in January 2037 and will carry a fixed-rate annualised coupon of 3.15%, paid in two instalments in July and January.