16 December 2021 - new royalty agreement
The alternative finance provider has made another royalty investment, with a £10.5m financing agreement with Tristone Healthcare Ltd. The latter provides both residential and domiciliary care to two end markets - adults with severe mental or physical disabilities and those aged between 16 and 19 who are moving out of care into independent living. As usual, the royalty financing will involve monthly repayments to Duke for a period of 30 years and the initial cash yield will be 13.5%. By investing in the UK care sector, Duke is diversifying its revenue base and . . .
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