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RM Secured Direct Lending delivers 'strong' Q4 given wider challenging market

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls tells Proactive London's Andrew Scott the portfolio performed well in the fourth quarter of 2018 given the wider market conditions and he's expecting prices to recover as the market stabilises.

He adds that they completed nine transactions in the quarter including two investments into childcare services and nursery businesses,  two asset financing transactions as well as a hotel financing.

Quick facts: RM Secured Direct Lending

Price: 100.88 GBX

Market: LSE
Market Cap: £113.21 m

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RM Secured Direct Lending eyes raising on the back of strong YTD performance

RM Secured Direct Lending (LON:RMDL) tells Proactive London that strong year to date figures mean it's seeking to raise up to £10mln from City institutions to continue investing in its “strong pipeline”. Head of Sourcing and Origination Pietro NIcholls is keen to underline the company's 'steady...

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on 16/10/19

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