Receivables Securitization
African automobile distribution of one of the largest diversified conglomerates in India; Off-balance sheet structure
Deal Contribution
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Orchestrated the non-recourse sale of receivables from Tata’s distribution entities across eight African nations (Tanzania, Ghana, Nigeria, Kenya, Uganda, Zambia, Senegal, and Ivory Coast) to a UAE-based Orphan SPV, subsequently financed by a commercial bank.
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Key responsibilities included architecting the transaction structure, facilitating the creation of the SPV, and providing advisory on transaction dynamics.
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Coordinated legal processes across nine jurisdictions, including the UAE, and successfully secured funding for the USD receivable purchase on a non-recourse basis
01
Financial Inclusion and Mobility Enhancement:
Highlighting the facilitation of vehicle access for MSMEs and the unbanked population in Africa.
02
Local Entrepreneurial Growth:
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Focusing on the economic development driven by supporting local entrepreneurs, farmers, and MSMEs across the African continent.
03
Sustainable Transport Advancement:
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Emphasizing the environmental benefits and efficiency improvements from replacing aged vehicles with newer models in commercial and agricultural sectors.
