Master Steel Limited
Investec Bank (Mauritius) was the Co-Mandated Lead Arranger alongside Etihad Capital for a USD 25m facility to Master Steel Limited
The facilities were for refinancing and general corporate purposes. Investec participated USD 15m split into a USD 10m Term Loan and USD 5m RCF.
I&M Rwanda participated USD 10m in Rwandan France equivalent.
About Master Steel Limited
Master Steel Limited (“Master Steel” / “MSL”), is a manufacturer of steel and plastic construction products based in Kigali, Rwanda. MSL was founded in 2005 by Mr Jean Damascene Niyongabo (“JDN”). Master Steel is a manufacturer of steel and plastic construction products, including roof sheets, hollow sections and tubes, mild steel plates, wire nails, and HDPE, PPR, and PVC plastic pipes.