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Sarah Godfrey
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.