Africa
2024
Mining Equipment Finance - West Africa
Equipment financing arrangement for a gold mining expansion project in West Africa with ECA support.
Deal Size$30M
Overview
Equipment financing arrangement for a gold mining expansion project in West Africa with ECA support.
The Challenge
Expansion required 40+ pieces of heavy mining equipment with long lead times, limited local financing options, and complex import logistics.
Our Solution
Structured ECA-backed buyer credit with Euler Hermes cover, coordinated equipment sourcing from multiple jurisdictions, and designed a draw schedule aligned with delivery milestones.
The Outcome
Achieved 85% LTV on equipment, 12-year repayment profile, and equipment delivered 2 months ahead of production timeline.
Deal Highlights
- 85% loan-to-value
- 12-year repayment
- Multi-source equipment
- Ahead of schedule delivery
Transaction Details
RegionAfrica
Year2024
Deal Size$30M
Interested in Similar Transactions?
Let's discuss how we can structure a financing solution for your project.
Contact Our Team