192 New Hayven Merchant Bank, a prominent financial institution dedicated to advancing economic development, has successfully orchestrated a US$25 million financing facility for Vreed-en-Hoop Shorebase Inc. (VEHSI). This financing represents a significant milestone in supporting VEHSI’s pioneering oil and gas infrastructure project in Guyana. Acting as collateral and administrative agent, New Hayven Merchant Bank collaborated closely with an external financial entity to structure and implement this financing arrangement tailored to VEHSI’s specific project needs. Recognizing Guyana’s emergence as a key player in the global energy sector, New Hayven Merchant Bank acknowledges the exceptional strategic investment opportunities within the country. The institution remains steadfast in its dedication to empowering businesses operating in the region. Floyd Haynes, Founder and Chairman at New Hayven Merchant Bank, emphasized, “Our partnership with VEHSI in this landmark project exemplifies our commitment to fueling growth and fostering sustainable development.” Beyond this collaboration, New Hayven Merchant Bank continues its active engagement with risk capital providers to deliver customized financing solutions and deploy capital across diverse sectors in Guyana. By facilitating access to capital and forging strategic partnerships, New Hayven aims to catalyze growth and drive economic prosperity throughout the region. You Might Be Interested In AIG to Sell 20% Stake in Corebridge to Japan’s Nippon Life for $3.8 Billion Analog Devices Forecasts Strong Quarterly Revenue Amid Chip Market Recovery Allstate App Users Experience 25% Reduction in Severe Collisions Allianz Trade Eyes Growth Opportunities in India Investigational Seladelpar Shows Promising Results in Primary Biliary Cholangitis Treatment Stock Market’s Record-Setting Rebound: Potential for Further Upside
