Octopus Renewables Infrastructure Trust (ORIT)

Sector:

Investment Firms

Index:

FTSE 250

72.20p
   
  • Change Today:
      0.90p
  • 52 Week High: 103.60
  • 52 Week Low: 67.80
  • Currency: UK Pounds
  • Shares Issued: 564.93m
  • Volume: 649,080
  • Market Cap: £407.88m
  • RiskGrade: 98

Octopus Renewables in RCF refinance, increase

By Frank Prenesti

Date: Monday 27 Feb 2023

LONDON (ShareCast) - (Sharecast News) - Octopus Renewables Infrastructure Trust on Monday said it had refinanced and increased its multi-currency revolving credit facility.
The committed £270.8m RCF - which was previously £150m committed - has a three-year term to February 24, 2026 and can be drawn in British pounds, euros, Australian and US dollars.

It also has an uncommitted accordion feature allowing the facility to be increased in size by up to a further £150m. The facility has been provided by a group of four lenders: National Australia Bank, NatWest, Santander and Allied Irish Banks.

As of 24 February 2023, the company had drawn £88.2m of the RCF.

Reporting by Frank Prenesti for Sharecast.com

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

ORIT Market Data

Currency UK Pounds
Share Price 72.20p
Change Today 0.90p
% Change 1.26 %
52 Week High 103.60
52 Week Low 67.80
Volume 649,080
Shares Issued 564.93m
Market Cap £407.88m
RiskGrade 98

ORIT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
1.12% below the market average1.12% below the market average1.12% below the market average1.12% below the market average1.12% below the market average
49.83% above the sector average49.83% above the sector average49.83% above the sector average49.83% above the sector average49.83% above the sector average
Price Trend
55.11% below the market average55.11% below the market average55.11% below the market average55.11% below the market average55.11% below the market average
87.43% below the sector average87.43% below the sector average87.43% below the sector average87.43% below the sector average87.43% below the sector average
Income
42.93% above the market average42.93% above the market average42.93% above the market average42.93% above the market average42.93% above the market average
92.00% above the sector average92.00% above the sector average92.00% above the sector average92.00% above the sector average92.00% above the sector average
Growth
11.49% above the market average11.49% above the market average11.49% above the market average11.49% above the market average11.49% above the market average
14.01% above the sector average14.01% above the sector average14.01% above the sector average14.01% above the sector average14.01% above the sector average

ORIT Dividends

  Latest Previous
  Q4 Q3
Ex-Div 08-Feb-24 16-Nov-23
Paid 23-Feb-24 01-Dec-23
Amount 1.45p 1.45p

Trades for 26-Apr-2024

Time Volume / Share Price
16:35 23,986 @ 72.20p
16:35 1 @ 72.20p
16:35 304 @ 72.20p
16:35 7 @ 72.20p
16:35 180 @ 72.20p

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