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6 Nov 2019 10:07
November 6, 2019
RDL Realisation Plc
("RDL" or the "Company")
Portfolio Update
The Company today provides the following update on its investment portfolio as of 30 September 2019. All figures are unaudited and based on management accounts.
The table below is an unaudited summary of the Company's investment portfolio and cash position as of 30 September 2019:
Platform | 30/ 9/ 2019 (USD million) | 31/8/2019 (USD million)
|
SME/CRE Loans Platform | $21.1 | $22.9 |
Vehicle Services Contract Platform | $0.2 | $0.2 |
Real Estate Loans Platform | $11.7 | $11.7 |
Princeton | $15.0 | $15.0 |
International SME Lending Platform | $2.7 | $3.9 |
Equipment Loans Platform | $0.4 | $0.4 |
Invoice Factoring Platform | $0.0 | $0.0 |
Consumer Loans Platform | $0.0 | $0.0 |
Third SME Loans Platform | $0.0 | $0.0 |
Portfolio Total | $51.1 | $54.1 |
Cash held by RDL | $11.4 | $8.0 |
Grand Total | $62.5 | $62.1 |
Significant events during September 2019:
In September, the Company received a USD $2.5 million payment on an account in the International SME Lending Platform which includes a substantial bad debt recovery.
Significant Events since 30 September 2019:
In November, we received USD $350,000 payment to settle an International SME Lending Platform debt in full.
For further information, please contact:
Link Company Matters Limited Secretary +44 (0)1392 477571
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