Initiation research from QuotedData

RNS Number : 9803F

GLI Alternative Finance PLC

17 November 2015

 

Initiation research from QuotedData

17^th November 2015

Off and running

GLI Alternative Finance (GLAF) IPO'd on 23 September 2015 with assets of £52m. One month later the issue proceeds were fully invested. The first monthly dividend will be declared in November for payment in December (the target is an annualised 8% yield on the issue price). The company is eager to grow and has a pipeline of investments that would allow it to deploy fresh capital quickly.

GLAF's investment objective is to provide its shareholders with attractive risk adjusted returns through investment, principally via GLI Finance's platforms, in a range of loans to small and medium sized enterprises (SMEs), diversified by asset class, geography and duration. GLAF may invest directly or indirectly into available opportunities, including by making investments in, or acquiring interests held by, third party alternative lending platforms and other lending related opportunities as identified by the Manager in accordance with the company's investment policy.

http://quoteddata.com/2015/11/gli-alternative-finance-running/

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NB: this note has been prepared for GLI Alternative Finance Limited by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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