Lender Davenham retains Smithfield
Smithfield has picked up the retained financial comms brief for asset-based lender Davenham.
22 November.
The company raised £44.6m through the placing and is using £17.2m of the proceeds to redeem certain loans notes and debt. A further £10.5m will go on the cost of the flotation.
Fund managers Dunedin and Indigo, which backed a buyout of the company in 2000, remain shareholders in Davenham.
