LOAN PRELIMINARY APPROVAL
Date: May 12, 2023
Ref:
Attn: Mr. Lion (Prince)Osadebamween M. Okoro JP
Managing Director / CEO
Mosano Link International Ltd
Dear Sir,
Carllston Allied Finance is pleased to announce that based on the information
provided and a review of your project documents, Mosano Link International Ltd
has been Pre-Approved for a Trade Finance Facility – TFF subject to the following
terms and conditions here-in-under;
Loan Amount: USD 67 Million
Annual Interest: 3.5%
Loan Term: 7 Years
Project: Supply of 3,000 units of 375-75H Massey Fugsion Tractors plus implements.
Location: Africa
Facility Applicant: Mosano Link International Ltd
Company Address: 165, M.M Way, Benin City, Edo State – Nigeria.
Conditions:
1- A satisfactory Due-Diligence Report is to be prepared and submitted.
2- A consultancy firm will be appointed by us to undertake the Due
Diligence Investigation at the applicants’ – Mosano Link International Ltd’s
cost.
3- Mosano Link International Ltd company officials are required to visit the
appointed consultancy firm for discussions on concluding the Due
Diligence Investigation process.
This Pre-Approval will remain valid for 60 days from the issue date. Any change in
the information provided, will require a re-evaluation of your loan request.
Carllston Allied Finance is committed to providing the required funds to Mosano
Link International Ltd up-on fulfillment of the above conditions.
Sincerely,
Athur Baron
Chief Executive Officer
Carllston Allied Finance