GCP Asset Backed Income Fund Limited (GABI)

Sector:

Investment Firms

Index:

FTSE Small Cap

75.60p
   
  • Change Today:
    -0.60p
  • 52 Week High: 79.00
  • 52 Week Low: 52.60
  • Currency: UK Pounds
  • Shares Issued: 266.02m
  • Volume: 151,752
  • Market Cap: £201.11m

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 75.60p
Change Today -0.60p
% Change -0.79 %
52 Week High 79.00
52 Week Low 52.60
Volume 151,752
Shares Issued 266.02m
Market Cap £201.11m

GABI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
5.72% above the market average5.72% above the market average5.72% above the market average5.72% above the market average5.72% above the market average
64.98% above the sector average64.98% above the sector average64.98% above the sector average64.98% above the sector average64.98% above the sector average
Price Trend
40.29% above the market average40.29% above the market average40.29% above the market average40.29% above the market average40.29% above the market average
40.49% above the sector average40.49% above the sector average40.49% above the sector average40.49% above the sector average40.49% above the sector average
Income
7.87% above the market average7.87% above the market average7.87% above the market average7.87% above the market average7.87% above the market average
43.12% above the sector average43.12% above the sector average43.12% above the sector average43.12% above the sector average43.12% above the sector average
Growth
86.16% above the market average86.16% above the market average86.16% above the market average86.16% above the market average86.16% above the market average
77.85% above the sector average77.85% above the sector average77.85% above the sector average77.85% above the sector average77.85% 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 22-Jul-2024

Time Volume / Share Price
16:35 100 @ 75.60p
16:35 84 @ 75.60p
16:35 8 @ 75.60p
16:35 6 @ 75.60p
16:35 2 @ 75.60p

GABI Key Personnel

Chair Alexander Anders Ohlsson

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