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Saturday, July 2, 2022

PAC Capital Limited Closes Landmark Deal for Titan Trust Bank in the Nigerian Banking Industry

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PAC Capital Restricted (“PAC Capital”), (www.PACCapitalLtd.com) the funding banking arm of PanAfrican Capital Holdings efficiently raised US$300 Million funding from the African Export-Import Financial institution (“Afreximbank”) on behalf of Titan Belief Financial institution (“TTB”) to help the acquisition of majority stake in Union Financial institution Plc, Nigeria (“UBN”).

PAC Capital’s Managing Director, Humphrey Oriakhi, made this recognized in a press release shortly after the deal was sealed.

Humphrey mentioned “Particularly, the organized funding accomplished the funds required for the proposed acquisition.”

PAC Capital Restricted is the Funding Banking and Advisory arm of PanAfricanCapital Holdings, with a superb observe file of profitable fundraising and monetary advisory companies throughout Aviation, Monetary Companies, Telecommunications, Energy & Power, Oil & Fuel, Agro-Allied and Hospitality industries in Nigeria and throughout and past Africa.

It’s anticipated that this acquisition will improve the aggressive dynamics of the Nigerian banking sector whereas sustaining confidence in Nigeria’s monetary companies business and broader monetary stability. The event influence of the acquisition as said by Afreximbank is immense as TTB plans to leverage the merged entity to supply financing of about US$3 Billion over the medium time period of which over US$600 Million will immediately help intra-regional commerce finance.

This landmark deal comes shortly after the funding banking agency was awarded the “Finest Funding Banking and Advisory Agency Nigeria 2022” (https://bit.ly/3tGqAmB)  by the World Enterprise Outlook Awards.

Distributed by APO Group on behalf of PAC Capital Restricted.

Media Contact:
On behalf of PAC Capital Restricted
Omolola Ojo
E mail: [email protected]

About PAC Capital Restricted:
PAC Capital Restricted  (www.PACCapitalLtd.com) “PAC Capital” is the Funding Banking and Advisory arm of PanAfrican Capital Holdings with a superb observe file of profitable fundraising and monetary advisory companies throughout the Public Sector, Mining, Manufacturing, Healthcare, Actual Property, Aviation, Monetary Companies, Telecommunications, Energy & Power, Oil & Fuel, FMCG, Transportation & Infrastructure, Artistic Arts, Media & Leisure, Agro-Allied and Hospitality & Tourism sectors in Nigeria and throughout and past Africa.

PAC Capital has in depth expertise within the dynamics of working with multi-lateral funding & credit score establishments throughout Africa and past. Our energy lies in our dedication to excellence, innovation and effectivity.

This Press Launch has been issued by APO. The content material is just not monitored by the editorial workforce of African Enterprise and never of the content material has been checked or validated by our editorial groups, proof readers or reality checkers. The issuer is solely liable for the content material of this announcement.

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