May 23rd 2015
Dilosk Limited Announces the Launch of Inaugural Public Bond Issuance
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Irish financial services company, Dilosk Limited, today announces the launch of its inaugural public bond issuance of €206 million, through the issuer Dilosk RMBS No.1 Limited, secured by Residential Mortgages. The bonds will be rated by Standard & Poor’s and DBRS. The offering is part of the Company’s long term growth plan targeting new lending with a particular focus on the Irish residential investment (Buy-to-Let) property market. Deutsche Bank has been mandated as Sole Arranger and Lead Manager. Investor roadshows will commence on 14th May 2015 in the UK and other European countries. Pricing of the transaction is expected to take place thereafter. The bonds will be listed on the Irish Stock Exchange.