By: Justicia Shipena
RMB Namibia has arranged and provided a N$900 million debt funding solution for Entrepo Holdings (Pty) Ltd, an enterprise that offers loan solutions to all permanent government employees.
This marks one of the largest financial deals of the year, with RMB Namibia successfully acting as the trusted advisor for Entrepo, a government employee lending institution and long-term insurer.
Announced on Tuesday, the deal involved a substantial N$900 million debt funding solution. Entrepo, a subsidiary of the Capricorn Group, which has grown from a start-up to a thriving business, required a scalable debt funding solution to support its growth ambitions.
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