REG - RM Infrastructure RM SecDirect - RMDC - RM Funds accredited by the British Business Bank

RM Infrastructure IncomeAnnouncement

18/10/2021 08:05

RNS Number : 3005P
  
RM Infrastructure Income PLC
  
18 October 2021
  
 

RM Funds accredited by the British Business Bank under the Recovery Loan Scheme
 
RM Funds announce that the firm has been accredited as a lender by the British Business Bank to provide loans through the Recovery Loan Scheme ("RLS").
The Recovery Loan Scheme supports access to finance for UK businesses as they recover and grow following the COVID-19 pandemic. Funds from the scheme can be used for any legitimate business purpose, including managing cashflow, growth and investment. It is designed to appeal to businesses that can afford to take out additional finance for these purposes. Businesses who have accessed a CBILS, CLBILS or BBLS facility are also able to access the RLS scheme.
 
Pietro Nicholls, Portfolio Manager, RM Funds, commented: "We are delighted to continue the relationship with the British Business Bank as an accredited delivery partner for the Recovery Loan Scheme. The Covid-19 pandemic led to unprecedented stress for UK SMEs, disrupting business operations, cash flow and the livelihoods of stakeholders. As we now emerge from the pandemic, RM Funds in partnership with our institutional investors and as an RLS lender aims to support UK businesses in achieving their strategic objectives and the next phase of their growth."
 
James Robson, Chief Investment Officer, RM Funds, further commented: "RM Funds provides catalytic capital. We have always been conscious of our ability to positively impact society through the generation of economic, environmental, and social benefits. The accreditation from BBB will see RM Funds further support UK businesses as they continue to recover from the global health pandemic."
 
About RM Funds 
RM Funds is an alternative investment manager. Founded in 2010, with offices in Edinburgh, and London. The firm manages capital on behalf of institutional investors, multi-asset allocators, family offices, and wealth managers. RM Funds is a trading name of RM Capital Markets Limited.
RM Funds is a signatory to the Principles of Responsible Investment.
For more information about the Recovery Loan Scheme, please visit:
www.rm-funds.co.uk/rls
 
 
About the Recovery Loan Scheme
The Recovery Loan Scheme is managed by the British Business Bank ("BBB") on behalf of, and with the financial backing of, the Secretary of State for Business, Energy, and Industrial Strategy. British Business Bank PLC is a development bank, wholly owned by HM Government.
 
About RM Infrastructure Income 
RM Infrastructure Income Plc is a closed-ended investment trust established to invest in a portfolio of secured debt instruments.
The Company aims to generate attractive and regular dividends through loans sourced or originated by the Investment Manager with a degree of inflation protection through index-linked returns where appropriate. Loans in which the Company invests are predominantly secured against assets such as real estate or plant and machinery and/or income streams such as account receivables.
 
 
For further information, please contact:
RM Capital Markets Limited - Investment Manager
James Robson
Pietro Nicholls
Thomas Le Grix De La Salle
Tel: 0131 603 7060
 
International Fund Management - AIFM
Chris Hickling
Shaun Robert
Tel: 01481 737600
 
Tulchan Group - Financial PR
Elizabeth Snow
Oliver Norgate
Tel: 0207 353 4200
 
PraxisIFM Fund Services (UK) Limited - Administrator and Company Secretary
Brian Smith
Ciara McKillop
Tel: 020 4513 9260
 
Singer Capital Markers Advisory LLP - Financial Adviser and Broker
James Maxwell
Asha Chotai
Tel: 020 7496 3000
 
Peel Hunt LLP - Financial Adviser and Broker
Luke Simpson
Liz Yong
Tel: 020 7418 8900

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