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BRIEF-Ranger Direct Lending plans to raise up to 30 mln stg via placing

Mon 6th June, 2016 7:00am
June 6 (Reuters) - Ranger Direct Lending Fund Plc  RDL.L : 
    * Intends to raise up to £30 million through a placing of 
zero dividend preference shares 
    * Currently expects ZDP shares to be issued with a 5 year 
term and a gross redemption yield of 5 pct per annum 
    * Proposed fundraising is anticipated to take place around 
end of July 2016 
 
Source text for Eikon:  ID:nRSF2396Aa  
Further company coverage:  RDL.L  
 
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