TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of March 28, 2024

OVERLAND PARK, KS / ACCESSWIRE / April 1, 2024 / The following unaudited balance sheet information and asset coverage ratio update is provided for Ecofin Sustainable and Social Impact Term Fund (NYSE:TEAF).

As of March 28, 2024, the company's unaudited total assets were approximately $225.2 million and its unaudited net asset value was $199.9 million, or $14.82 per share.

As of March 28, 2024, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 923%. For more information on the company's coverage ratios, please refer to the leverage summary web page at https://cef.ecofininvest.com.

Set forth below is a summary of the company's unaudited balance sheet at March 28, 2024.

Unaudited balance sheet

		(in Millions)				Per Share
Investments		$	222.7			$	16.51
Cash and Cash Equivalents			0.4				0.03
Other Assets			2.1				0.16
Total Assets			225.2				16.70
Credit Facility Borrowings			24.3				1.80
Other Liabilities			1.0				0.08
Net Assets		$	199.9			$	14.82

13.49 million common shares outstanding.