Daily News: February 6, 2012

Hilco Appraisal Europe Teams With RBS on David Morris Facility


David Morris International, the London-based jeweler whose designs were made famous in four James Bond films, recently secured a £15 million asset-based loan from RBS Invoice Finance to support the company’s global expansion plans. Most recently, boutiques have been opened in Dubai and Hong Kong.

Hilco Appraisal Europe, also headquartered in London, was called upon to provide the inventory valuation, working closely with RBS, the company and due diligence provider, Deloitte, to help formulate a flexible borrowing base suitable for all transaction constituents.

Among the epic Bond films in which David Morris jewelry appeared was “Diamonds Are Forever.”