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RM Secured Direct Lending present new name and strategy: RM Social & Environmental Infrastructure

RM Secured Direct Lending present new name and strategy: RM Social & Environmental Infrastructure

RM Secured Direct Lending's (LON:RMDL) Pietro Nicholls and James Robson present their new name RM Social & Environmental Infrastructure PLC to Proactive London's Katie Pilbeam.

This new name reflects their investment focus to social and environmental investments, accommodation, healthcare, childcare & education, clean energy & renewables, waste management & recycling and energy efficiency & carbon reduction.

They discuss key updates in regards to their portfolio Update with an attractive pipeline of social and environmental infrastructure investments, which are currently at 28% and once existing commitments are funded this will rise to 35% and they are targeting c.50% by year end.

Finally on the dividend, there are no changes to the dividend targets, which are 6.5p / 7% yield per annum, paid quarterly.

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