RM Secured Direct Lending Plc renews its RCF

  • Nov 01, 2019 GMT
  • Team Kalkine
  • RM Secured Direct Lending Plc (RMDL) has reported about the renewal of revolving credit facility.
  • The company has renewed and amended its Revolving Credit Facility (RCF) with OakNorth.
  • Under the amended agreement, the company can take loans up to a total value of GBP 10.5 million, on materially similar terms as it was with the earlier RCF.
  • The renewed and amended RCF will offer the company flexible capital for keeping and preserving liquidity.
  • On 1st November 2019, at the time of writing, GMT 08:03 AM, RMDL shares were trading at GBX 99.50, flat against the previous day closing price.

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