The Board of abrdn Private Equity Opportunities Trust plc announced an expansion of its syndicated multi-credit facility agreement The sums available to the Company under the Loan Facility have increased from £200m to £300m with The Royal Bank of Scotland International Limited joining as a lender and Natwest Markets Plc replacing Citibank Europe plc as Agent in the syndicate of banks providing the Loan Facility, alongside current providers Société Générale and State Street Bank International GmbH. The Loan Facility, which matures in December 2025, has been drawn to a total amount of £62.0m as at 30 September 2022. The remaining undrawn balance of the Loan Facility at 30 September 2022 was £138.0m, which has increased to £238.0m.

The Margin on the Loan Facility is 1.625%, rising to a maximum of 2.0% depending on utilisation, and the commitment fee payable on non-utilisation is 0.7% or 0.8% per annum, reducing depending upon utilisation. An arrangement fee of 0.8% is also payable.