The New Hayven Merchant Bank (NHMB ) yesterday announced that it has successfully arranged, acted as collateral, and served as administrative agent for a US$25 million financing facility extended to Vreed-en-Hoop Shorebase Inc. (VEHSI).
“This financing marks a significant milestone in facilitating VEHSI’s first-of-a-kind oil and gas infrastructure project in Guyana. Collaborating closely with an external financial entity, New Hayven Merchant Bank spearheaded the structuring and deployment of this financing arrangement, tailored specifically to meet the unique requirements of VEHSI’s project. The collaboration underscores New Hayven’s dedication to providing innovative financial solutions and supporting transformative initiatives that drive economic progress,” the company said in a statement.
