TEAF Provides Unaudited Balance Sheet Information and Asset Coverage Ratio Updates as of April 30, 2024

OVERLAND PARK, KS / ACCESSWIRE / May 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 April 30, 2024, the company's unaudited total assets were approximately $205.8 million and its unaudited net asset value was $194.3 million, or $14.40 per share.

As of April 30, 2024, the company's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 1,850%. 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 April 30, 2024.

Unaudited balance sheet

		(in Millions)				Per Share
Investments		$	204.0			$	15.12
Cash and Cash Equivalents			0.3				0.02
Other Assets			1.5				0.11
Total Assets			205.8				15.25
Credit Facility Borrowings			11.1				0.82
Other Liabilities			0.4				0.03
Net Assets		$	194.3			$	14.40

13.49 million common shares outstanding.