Rand Merchant Bank (RMB) provides £25m revolving credit facility to Westbrooke’s Yield Plus UK secured private debt fund
Rand Merchant Bank (RMB) (www.RMB.co.za) and Westbrooke Alternative Asset Management UK Limited (Westbrooke UK), have announced the completion of a £25m credit facility to Westbrooke Yield Plus Plc (the Fund).
- Rand Merchant Bank (RMB) (www.RMB.co.za) and Westbrooke Alternative Asset Management UK Limited (Westbrooke UK), have announced the completion of a £25m credit facility to Westbrooke Yield Plus Plc (the Fund).
- The implementation coincides with the milestone of the Fund exceeding £100m in assets under management (AUM).
- This transaction marks a significant milestone for Westbrooke UK and the Fund, reinforcing our commitment to delivering innovative debt solutions to lower-mid market borrowers and originators across the UK."
- Distributed by APO Group on behalf of Rand Merchant Bank.