Scottish Mortgage follows peers in securing ultra low cost longterm debt


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Originally published at: https://whichinvestmenttrust.com/scottish-mortgage-follows-peers-in-securing-ultra-low-cost-longterm-debt/

The FTSE 100 listed trust becomes the latest to lock in very low interest rates to the benefit of shareholders 20 plus years down the line. Scottish Mortgage (LON:SCM) is taking advantage of the perhaps once in a generation chance to lock in cheap long term borrowing. Investment trusts uniquely amongst investment funds, have the…