GCP Asset Backed Income Fund Limited (GABI)

Sector:

Investment Firms

Index:

FTSE Small Cap

 96.60p
   
  • Change Today:
      0.000p
  • 52 Week High: 105.25p
  • 52 Week Low: 88.80p
  • Currency: UK Pounds
  • Shares Issued: 439.83m
  • Volume: 11,748
  • Market Cap: £424.88m
  • Beta: 0.04

GCP Asset Backed confirms repayment of two co-living loans

By Josh White

Date: Monday 17 Feb 2020

LONDON (ShareCast) - (Sharecast News) - Asset-based loan investor GCP Asset Backed Income Fund announced the repayment of two of its loans in co-living properties on Monday, representing a repayment of ?49m.
The London-listed firm said it benefitted from a repayment fee of around ?1m.

It said it had immediately recommitted ?53m to the co-living borrower, as part of a wider facility of up to ?140m on comparable terms.

"The remaining commitments are being provided by Deutsche Bank, marking the company's first group lending transaction," the board said in its statement.

"The facility is for a term of up to four years, and the increased commitment will enable the borrower to build out its current pipeline of projects."

At 1450 GMT, shares in GCP Asset Backed Income Fund were up 0.69% at 106.73p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

GABI Market Data

Currency UK Pounds
Share Price 96.60p
Change Today 0.000p
% Change 0.00 %
52 Week High 105.25p
52 Week Low 88.80p
Volume 11,748
Shares Issued 439.83m
Market Cap £424.88m
Beta 0.04

GABI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
81.61% above the market average81.61% above the market average81.61% above the market average81.61% above the market average81.61% above the market average
92.67% above the sector average92.67% above the sector average92.67% above the sector average92.67% above the sector average92.67% above the sector average
Price Trend
24.67% below the market average24.67% below the market average24.67% below the market average24.67% below the market average24.67% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Income
45.14% above the market average45.14% above the market average45.14% above the market average45.14% above the market average45.14% above the market average
87.12% above the sector average87.12% above the sector average87.12% above the sector average87.12% above the sector average87.12% above the sector average
Growth
72.38% above the market average72.38% above the market average72.38% above the market average72.38% above the market average72.38% above the market average
75.31% above the sector average75.31% above the sector average75.31% above the sector average75.31% above the sector average75.31% above the sector average

GABI Dividends

  Latest Previous
  3rd Interim 2nd Interim
Ex-Div 11-Nov-21 29-Jul-21
Paid 10-Dec-21 27-Aug-21
Amount 1.57p 1.57p

Trades for 01-Dec-2021

Time Volume / Share Price
09:11 207 @ 96.56p
08:52 2,071 @ 96.56p
08:44 8,477 @ 96.50p
08:41 890 @ 96.69p
08:00 103 @ 96.68p

GABI Key Personnel

Chair Alexander Anders Ohlsson

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