For a global agribusiness player with a major footprint in Africa, we arranged a 6-year term loan for general working capital requirement. During the pandemic period, where low-income countries of Africa and Asia have been badly affected, Blend promptly arranged long-term financing for the client that will enable them to stabilize and develop business in the specified regions and cater to the need of society for food security, job creation for local population and support farmer’s income stabilization.
As arranger, Blend played a lead role in syndicating the said opportunity and involved reputed partners to structure the transaction and support the client and lender for successful closure of mandate in a short span of time.