In May 2017, Kazona Maycroft bid for a mandate to raise up to US10M Corrugated Carton Receivables-Backed, Structured Trade financing for Triumph Nigeria Ltd (“Triumph”), to cover the company’s working capital requirements for two years. Triumph is the leading producer of corrugated cartons / card boards in Nigeria.
Kazona Maycroft won the exclusive mandate from Triumph to facilitate the transaction and to advise Triumph on the structure, documentation and protocols involved in completing transactions of this nature.
Kazona Maycroft concluded the scope of work and terms under the mandate.
