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BRIEF-Ranger Direct Says Manager Proposes To Further Impair Value Of Canadian SME Lending Portfolio

Thu 20th December, 2018 3:09pm
Dec 20 (Reuters) - Ranger Direct Lending Fund PLC  RDL.L :
    * RANGER ALTERNATIVE MANAGEMENT PROPOSED TO FURTHER IMPAIR
VALUE
OF CANADIAN SME LENDING PORTFOLIO BY ABOUT $4.8 MILLION
    * MANAGER HAS NOW ALSO RECOMMENDED INCREASING IMPAIRMENT OF
SME/CRE LENDING PORTFOLIO BY ABOUT $1.0 MILLION

Source text for Eikon:  ID:nRST1712La 
Further company coverage:  RDL.L 

 ((Reuters.Briefs@thomsonreuters.com;))
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