Duke has completed its review of the SME Financing sector, with a proposed change of name to Duke Capital, subject to an EGM – to help better message the company’s hybrid capital offering – with additional flexibility also going forward to take increased equity stakes. The core product and investment approach are unchanged; however, this extra flexibility will allow Duke to stay in longer, in certain circumstances, maximising value in the equity tail, and introducing more optionality into the bo ....

05 Feb 2024
Duke Royalty - Hybrid capital

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Duke Royalty - Hybrid capital
Duke Capital Limited (DUKE:LON) | 28.8 -0.1 (-0.9%) | Mkt Cap: 146.6m
- Published:
05 Feb 2024 -
Author:
Andrew Renton | Stephen Barrett -
Pages:
5 -
Duke has completed its review of the SME Financing sector, with a proposed change of name to Duke Capital, subject to an EGM – to help better message the company’s hybrid capital offering – with additional flexibility also going forward to take increased equity stakes. The core product and investment approach are unchanged; however, this extra flexibility will allow Duke to stay in longer, in certain circumstances, maximising value in the equity tail, and introducing more optionality into the bo ....