Aberdeen Mutual Fund Renews $600M Loan

Aberdeen Asia-Pacific Income Fund has renewed its credit facility worth $600 million.

Aberdeen Asia-Pacific Income Fund has renewed its credit facility worth $600 million. The $2.6 billion closed-end fixed income fund has renewed the credit facility with a syndicate of financial institutions led by Scotia Capital. The fund is a 1940 Act regulated closed-end mutual fund. Christian Pittard is president of the Aberdeen fund.

Click here for the release from Business Wire.