Mining Housing Project
[GHANA]
Nationwide Equipment arranged the procurement and shipment of equipment and new materials for a construction project to house workers at a Ghana gold mining site. Nationwide accepted a local bank guarantee as payment on one-year deferred payment terms and the customer was able to receive the equipment with no money down. Transaction completion time within 60 days.
Financing: Arranged by Nationwide Finance which successfully raised required offshore capital on behalf of Stanbic Bank.
Dollar Amount: $1,260,000 (millions)
