Octopus Renewables Infrastructure Trust (ORIT)

Sector:

Investment Firms

Index:

FTSE 250

68.90p
   
  • Change Today:
    -0.80p
  • 52 Week High: 102.00
  • 52 Week Low: 67.80
  • Currency: UK Pounds
  • Shares Issued: 564.93m
  • Volume: 3,868,106
  • Market Cap: £389.24m
  • 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 68.90p
Change Today -0.80p
% Change -1.15 %
52 Week High 102.00
52 Week Low 67.80
Volume 3,868,106
Shares Issued 564.93m
Market Cap £389.24m
RiskGrade 98

ORIT Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
8.60% above the market average8.60% above the market average8.60% above the market average8.60% above the market average8.60% above the market average
58.64% above the sector average58.64% above the sector average58.64% above the sector average58.64% above the sector average58.64% above the sector average
Price Trend
66.18% below the market average66.18% below the market average66.18% below the market average66.18% below the market average66.18% below the market average
89.73% below the sector average89.73% below the sector average89.73% below the sector average89.73% below the sector average89.73% below the sector average
Income
43.51% above the market average43.51% above the market average43.51% above the market average43.51% above the market average43.51% above the market average
93.64% above the sector average93.64% above the sector average93.64% above the sector average93.64% above the sector average93.64% above the sector average
Growth
15.71% above the market average15.71% above the market average15.71% above the market average15.71% above the market average15.71% above the market average
13.07% above the sector average13.07% above the sector average13.07% above the sector average13.07% above the sector average13.07% above the sector average

ORIT Dividends

  Latest Previous
  Q1 Q4
Ex-Div 16-May-24 08-Feb-24
Paid 31-May-24 23-Feb-24
Amount 1.50p 1.45p

Trades for 21-May-2024

Time Volume / Share Price
16:35 85,679 @ 68.90p
16:35 837 @ 68.90p
16:35 1,022 @ 68.90p
16:35 5,306 @ 68.90p
16:35 361 @ 68.90p

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