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.
Market Cap: £100m*
Website: Click here
*As at 11/03/2019