GCP Asset Backed Income Fund Limited (GABI)

Sector:

Investment Firms

Index:

FTSE Small Cap

68.20p
   
  • Change Today:
      0.20p
  • 52 Week High: 73.30
  • 52 Week Low: 52.60
  • Currency: UK Pounds
  • Shares Issued: 425.63m
  • Volume: 155,304
  • Market Cap: £290.28m

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 68.20p
Change Today 0.20p
% Change 0.29 %
52 Week High 73.30
52 Week Low 52.60
Volume 155,304
Shares Issued 425.63m
Market Cap £290.28m

GABI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.52% below the market average6.52% below the market average6.52% below the market average6.52% below the market average6.52% below the market average
49.16% above the sector average49.16% above the sector average49.16% above the sector average49.16% above the sector average49.16% above the sector average
Price Trend
0.12% below the market average0.12% below the market average0.12% below the market average0.12% below the market average0.12% below the market average
22.16% below the sector average22.16% below the sector average22.16% below the sector average22.16% below the sector average22.16% below the sector average
Income
13.32% above the market average13.32% above the market average13.32% above the market average13.32% above the market average13.32% above the market average
52.89% above the sector average52.89% above the sector average52.89% above the sector average52.89% above the sector average52.89% above the sector average
Growth
81.95% above the market average81.95% above the market average81.95% above the market average81.95% above the market average81.95% above the market average
72.64% above the sector average72.64% above the sector average72.64% above the sector average72.64% above the sector average72.64% above the sector average

GABI Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 02-May-24 15-Feb-24
Paid 04-Jun-24 15-Mar-24
Amount 1.58p 1.58p

Trades for 03-May-2024

Time Volume / Share Price
16:35 2,506 @ 68.20p
16:35 12 @ 68.20p
16:35 250 @ 68.20p
16:35 55 @ 68.20p
16:35 1,208 @ 68.20p

GABI Key Personnel

Chair Alexander Anders Ohlsson

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