Dhivehi Investment Partners Private Limited (DIP) has been appointed as the Lead Arranger and Principal Adviser for the MVR 55 million bond offering by Fedo Private Limited. The formal agreement was signed on Thursday.
The proceeds will fund a premium urban retreat in Hulhumale’, supporting Fedo’s expansion into the service and hospitality sector. The appointment reflects DIP’s growing role in raising capital and advising companies through the Maldivian capital market.
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 to bring investment offerings to the Maldivian Capital Market.
Fedo Private Limited, one of the leading construction companies, was 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.