Acquisition of Oil Field Equipment
[NIGERIA]
Nationwide Equipment supplies and delivers over 50 Mack tractor trucks, trailers, forklifts, cranes and port handling equipment, as well as oil field production equipment, for use at an oil production site in Nigeria. Nationwide accepted customer’s deferred payment terms by Local Bank Guarantee.
Financing: Arranged by Nationwide Finance which successfully raised required offshore capital on behalf of Access Bank.
Dollar Amount: $5,200,000 (millions)
