GCP Asset Backed Income Fund Limited (GABI)

Sector:

Investment Firms

Index:

FTSE Small Cap

68.00p
   
  • Change Today:
    -0.20p
  • 52 Week High: 75.60
  • 52 Week Low: 52.60
  • Currency: UK Pounds
  • Shares Issued: 425.63m
  • Volume: 473,954
  • Market Cap: £289.43m

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 68.00p
Change Today -0.20p
% Change -0.29 %
52 Week High 75.60
52 Week Low 52.60
Volume 473,954
Shares Issued 425.63m
Market Cap £289.43m

GABI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
35.81% above the market average35.81% above the market average35.81% above the market average35.81% above the market average35.81% above the market average
66.89% above the sector average66.89% above the sector average66.89% above the sector average66.89% above the sector average66.89% above the sector average
Price Trend
4.46% above the market average4.46% above the market average4.46% above the market average4.46% above the market average4.46% above the market average
11.71% below the sector average11.71% below the sector average11.71% below the sector average11.71% below the sector average11.71% below the sector average
Income
14.39% above the market average14.39% above the market average14.39% above the market average14.39% above the market average14.39% above the market average
46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average46.67% above the sector average
Growth
87.38% below the market average87.38% below the market average87.38% below the market average87.38% below the market average87.38% below the market average
86.14% below the sector average86.14% below the sector average86.14% below the sector average86.14% below the sector average86.14% below the sector average

GABI Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 15-Feb-24 16-Nov-23
Paid 15-Mar-24 15-Dec-23
Amount 1.58p 1.58p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 194 @ 68.00p
16:35 194 @ 68.00p
16:28 1,559 @ 68.00p
16:28 15,000 @ 68.00p
16:18 827 @ 67.80p

GABI Key Personnel

Chair Alexander Anders Ohlsson

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