Placing raising £13.5 million for RM Secured Direct Lending Plc

It has been announced that RM Secured Direct Lending Plc (‘RMDL’), an investment trust specialising in secured debt instruments, has raised gross proceeds of £13.5 million via a Placing under its placing programme.

N+1 Singer is acting as Sponsor, Financial Adviser, Placing Agent and Broker.

About RM Secured Direct Lending

RM Secured Direct Lending Plc is a closed-ended investment trust established to invest in a portfolio of bespoke, higher-yielding secured debt instruments. The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.

Ticker: RMDL
Market Cap: £100m*
Website: Click here

*As at 11/03/2019