During the signing agreement held today between Dhivehi Investment Partners Private Limited (DIP) and Fedo Private Limited, DIP has been appointed as the lead arranger for the upcoming bond issuance of MVR 55 million. The funding is set to be used for the upcoming development of a luxury urban retreat and lounge facility called “Savor” in Hulhumale’.
DIP is an investment management and financial advisory firm focused on raising capital and providing tailored financing solutions to companies through the Maldivian Capital Market. DIP is currently working with reputable companies in bringing investment offerings to the Maldivian Capital Market.
Fedo Private Limited, one of the leading construction companies, established in the Maldives in 2011, with a proven track record of delivering value and earning the trust of the Maldivian community.
The planned development will include multiple upscale restaurants featuring international culinary offerings, a state-of-the-art gymnasium, an infinity pool, dedicated conference spaces, and other premium amenities. This initiative reflects Fedo’s commitment to contributing to the growth and sophistication of the Maldivian tourism infrastructure. This issuance is a key component of Fedo’s strategic roadmap to expand its presence in the service and hospitality sector.
The planned issuance of the MVR 55 million bond via private placement on the Viyana Board of the Maldives Stock Exchange and the bond is structured as an unsecured conventional bond. The bond is set to carry an attractive rate of return, hence a great opportunity for those wishing to diversify their investment portfolio.
Leave a Reply