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RM Secured Direct Lending to see NAV gain following investment prepayment

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls provides a snapshot on developments in November for its portfolio.

He says most of the proceeds from its recent £10mln fundraising have been deployed and that US$10.5mln of loans have subsequently been prepaid with a long-term portfolio company.

Quick facts: RM Secured Direct Lending

Price: 79.5 GBX

LSE:RMDL
Market: LSE
Market Cap: £96.4 m
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RM Secured Direct Lending 'still has considerable buffer to meet its...

RM Secured Direct Lending PLC's (LON:RMDL) Pietro Nicholls tells Proactive London's Andrew Scott they've still got a considerable buffer to meet its dividend targets. He says the number one focus currently is the management of the existing portfolio however Nicholls suspects opportunities...

on 23/4/20

2 min read