AGH 3.5 -0.35 Vol 2000 AGL 17 0.00 Vol 1500 BAS 1.7 0.00 Vol 0 BFM 16.06 -0.34 Vol 1000 BG23B 98.0011 0.00 Vol 0 BPH 7 0.00 Vol 0 DEVON 3.55 0.00 Vol 0 LOM 2.5 0.00 Vol 0 NTB 40 0.00 Vol 0 ONE 3.2 0.00 Vol 0 POLAR 5 0.00 Vol 0 SOM 15.25 0.00 Vol 0 WHHL 4.06 0.00 Vol 0 WWW 21.5 0.00 Vol 0
Market Closed:
Amba House,
15 College Road,
Harrow HA1 1BA,
England

http://www.riversleasing.com
Listed Since: 2016/02/15
Currency: GBP
Telephone: 44 20 8424 8262
Email: ratan@riversleasing.com

Company Description

Rivers Leasing PLC (“the Issuer”) is a privately held company incorporated under the laws of England & Wales registration number (07376100) engaged in small-ticket asset leasing and business loan business based in Harrow, London. The Issuer finances IT hardware, photocopiers, salon equipment, drinks machines, plant and machinery, medical and health equipment and many other types of commercial equipment under leases, and offers business loans for general corporate purposes. The end customers are mostly UK SME’s operating in a variety of business sectors.

 

The Issuer is issuing Notes (the “Notes”) in order to finance the growth of its lease and loan book and to diversify its funding sources away from traditional banks. The Notes will represent secured obligations of the Issuer, guaranteed by Rivers Finance Group PLC, the Issuer’s parent company. The proceeds of the Note issues will be used by used to expand the Issuer’s leasing and business loan business and book.

 

The Issuer has constituted a loan note programme (the “Programme”) and intends to issue a total principal amount of £12,000,000 loan notes. The Programme consists of secured loan notes with an interest rate of 8.50% per annum and a three year maturity. The nominal amount of each Note is a minimum of £10,000. Note Issue 5 and Issue 6 are listed by way of Introduction and that all further issues of Notes be listed on the BSX. Note Issues 1 through 4 are held by UK domiciled investors and are not listed on the BSX. Notes issued under the Programme will be offered only to Qualified Investors under Section IIIB of the BSX Listings Regulations.

FINANCIAL AND OTHER INFORMATION

DIRECTORY

LISTING SPONSOR

TRADING HOURS

08:30-09:00 Price Discovery
09:00-16:30 Continuous Trading

CONTACT DETAILS

TEL: +1 (441) 292 7212
FAX: +1 (441) 292 7619
Email: info@bsx.com

LOCATION

30 Victoria Street
3rd Floor
Hamilton, Bermuda

MAILING ADDRESS

P.O. Box HM 1369
Hamilton HMFX

Disclaimer

 

The information contained in these pages has been obtained from sources which The Bermuda Stock Exchange believes are reliable. However, the accuracy of the information cannot and is not guaranteed and The Bermuda Stock Exchange makes no representation as to its accuracy or completeness. Neither this Web site, nor any information contained herein, constitutes advice or a solicitation to subscribe, purchase or sell any securities. The Bermuda Stock Exchange expressly disclaims any liability whatsoever for any loss howsoever arising from or in reliance upon any part of the contents of this site or any external sites referenced from this website.