Global Trade Review (GTR)’s Post

New Post: First Tranche of Cocoa Syndicated Loan Credited to BoG Account - https://lnkd.in/eZCzrCQA Tranche of Cocoa Syndicated Loan Credited to BoG Accounthttps://lnkd.in/eRnbQBjS first tranche of Cocoa Syndicated Loan has finally been credited to the Bank of Ghana’s account. Joseph Boahene-Aidoo, CEO of COCOBOD The first tranche of Cocoa Syndicated Loan has finally been credited to the Bank of Ghana’s account. Joy Business understands that the about $541 million inflows came on December 22, 2023. This represents part of the $800 million loan. The second tranche of about $200 million will be transferred to the Central Bank’s account in January 2024. Details of trade facility Parliament in November 2023 approved the Trade Facility Agreement for the Ghana Cocoa Board (COCOBOD), based on a recommendation from the Finance Committee of Parliament. This allowed COCOBOD to go ahead and finalise the paperwork with participating banks. Under the terms presented to lawmakers, COCOBOD will pay an interest of nearly 8%, which includes the one-month Secured Overnight Financing Rate (SOFR) currently around 5.3%, and a margin of 2.65%. How the money will be utilized Joy Business understands that the Bank of Ghana will take the dollars and transfer the cedi equivalent to COCOBOD. The market regulator is expected to use the funds to support the purchases of cocoa beans from farmers through the license-buying companies for the 2023/2024 Crop season. Impact of Cocoa Syndication Loan on the economy  The immediate impact of these inflows will be the Bank of Ghana reserves. This may put the Central Bank in a strong position to support the cedi. News about COCOBOD signing the deal with some banks is already helping to stabilise the cedi.MASAHUDU ANKIILUAfrican Eye Report

New Post: First Tranche of Cocoa Syndicated Loan Credited to BoG Account - https://lnkd.in/exCAgcG3 Tranche of Cocoa Syndicated Loan Credited to BoG Accounthttps://lnkd.in/eWviYqwW first tranche of Cocoa Syndicated Loan has finally been credited to the Bank of Ghana’s account. Joseph Boahene-Aidoo, CEO of COCOBOD The first tranche of Cocoa Syndicated Loan has finally been credited to the Bank of Ghana’s account. Joy Business understands that the about $541 million inflows came on December 22, 2023. This represents part of the $800 million loan. The second tranche of about $200 million will be transferred to the Central Bank’s account in January 2024. Details of trade facility Parliament in November 2023 approved the Trade Facility Agreement for the Ghana Cocoa Board (COCOBOD), based on a recommendation from the Finance Committee of Parliament. This allowed COCOBOD to go ahead and finalise the paperwork with participating banks. Under the terms presented to lawmakers, COCOBOD will pay an interest of nearly 8%, which includes the one-month Secured Overnight Financing Rate (SOFR) currently around 5.3%, and a margin of 2.65%. How the money will be utilized Joy Business understands that the Bank of Ghana will take the dollars and transfer the cedi equivalent to COCOBOD. The market regulator is expected to use the funds to support the purchases of cocoa beans from farmers through the license-buying companies for the 2023/2024 Crop season. Impact of Cocoa Syndication Loan on the economy  The immediate impact of these inflows will be the Bank of Ghana reserves. This may put the Central Bank in a strong position to support the cedi. News about COCOBOD signing the deal with some banks is already helping to stabilise the cedi.MASAHUDU ANKIILUAfrican Eye Report

RMB facilitates mega Navachab transaction RMB - Rand Merchant Bank has been appointed by QKR Navachab as the initial mandated lead arranger, underwriter and coordinator of a syndicated loan from Namibian and South African banks.  The loan, providing bespoke term funding worth US$155 million or nearly N$3 billion at current exchange rates, is earmarked for the mine’s recently announced expansion programme. “This deal stands out as one of the largest resources transactions structured and executed by a Namibian financial institution. It underscores RMB’s ability to deliver complex, market-leading solutions, bringing together stakeholders from across the financial ecosystem,” says Jason Shikalepo (photo), head of investment banking at RMB in Namibia. “By participating in such opportunities, RMB demonstrates its commitment to developing Namibia's capital markets and fostering shared prosperity for our clients and the communities in which they operate,” Shikalepo adds. The multifaceted solution is crucial for the critical ramp-up of the mining and processing activities, RMB said in a statement. “This expansion will significantly scale up the mine’s gold output, making a substantial contribution to Namibia’s economic sustainability. In addition to the funding, RMB and the banking syndicate will provide risk management solutions to optimise the mine’s exposure to commodity prices, currency and major operating expenses,” the statement read. RMB enabling Namibia’s second-largest gold mine reflects its commitment to enhancing the economic sustainability of Karibib. By extending the mine’s lifespan, this initiative will secure jobs and provide a lifeline for numerous small- and medium-scale enterprises operating in the region, according to RMB. #namibia #mining #structuredloan #financing #loan #rmb #gold

Reorg reported that a group of Chinese state-owned and joint-stock commercial banks are discussing an onshore syndicated loan for China Vanke Co. Ltd. to help the developer address its liquidity needs, after regulators in Beijing met with the lenders last week asking them to enhance financing support. Banks are more likely to request the company to provide collateral for related loans while the final drawdown amount of the loan would likely be determined based on the guarantee conditions. The Shenzhen regulators had also arranged meetings with several major banks to discuss potential support for Vanke in the past few weeks. https://ow.ly/bNYW50R2nMz #distresseddebt #distresseddebtanalysis

Savings plan II. With a deposit of 10,000 euros or more with our private banker ( 580 euros, see above), the investor receives 0.5% per day. After 1 year, with compound interest, this results in a total of = 60,225.75 euros. With a deposit of 250,000 euros or more with our private banker, the investor receives 0.5% per day. After 1 year, with compound interest, this results in a total of = 8,987,410,331.92 euros. The deposits and interest are not at risk and are available daily on request. 7. “We provide the highest quality of structured asset funding. We can perform of Private Programs Opportunity with: Cash, CD’s, SBLC’s, BG’s and MTN’s. We can monetize with: CD’s, SBLC’s, BG’s and MTN’s Programs with Cash through Adm Holdm -100M To $5B and with Cash through Block/Reserve, too 8. Foreign exchange exchange (also rubles) - Amount, size of the tranches – where is the goods – what does the customer want, where does he want the goods to go – how does the customer want to transport them? Also possible: - Turkmen manats for purchase and sale 9. Currently still possible: Assets such as copper powder, nickel wire, precious stones, diamonds, works of art, from €200M. NOTE: Direct contact for inclusion in a PPP of copper powder, nickel wire or rare earths! Attention: This is only information at your request, not an offer; changes are possible at any time!

How to Get Equiloan from Equity Bank

How to Get Equiloan from Equity Bank

How to Get Equiloan from Equity Bank

📢 Latest Trends on Intragroup Loans in 🇲🇾 Malaysia Did you miss it? You can watch the recording on YouTube ▶️ here via the link below 👇. And don't forget to subscribe and like to our channel 🔔👍 https://lnkd.in/g3WcySnN #tpleaders  #transferpricingmalaysia  #transferpricingrequirements #intragrouploansinmalaysia #transferpricingexpert  #transferpricingadvisor