A Nigerian Merchant Bank that championed the ‘Choose Africa Initiative’ – sought USD 20 Million for stimulating their trade finance offering, to facilitate key industrial and commodity imports for Nigeria’s economic development. This facility that encompassed the entire gamut of cross border Trade Finance products including LCs, SBLCs, etc., needed innovative structuring to provide 100% coverage of the import contracts of the Bank’s clients.

Blend’s Alternate Capital Market Team touched base with a European Funding Group, swiftly structuring a comprehensive Trade Finance solution that gave impetus to the Bank’s Import Trade Finance division and furthered its international presence. Blend’s experience, expertise and enduring lender network, reinforced the Bank’s core lending portfolio, and helped it access multiple banking partners without executing individual RMAs.

Our current mandates of USD 4 Billion for 64 FIs across emerging markets, confirms confidence in our expertise to advise and structure integrated financial deals for Sovereigns, Financial Institutions, and Corporates.