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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