Legion Finance Trade Limited(LFTL) will launch a EUR 5 Billion Project finance fund in January 2019 with funds that will be backed by several private investors and commercial institutions.
The launching will coincide with Legion Finance Trade Limited extending it’s office to Asia. The fund, which is to be called, LFTL Global Project Fund, will provide financial support for projects which are focused on building evidence of the types of infrastructure and businesses that can make a measurable difference to people’s financial capability.
With investors already putting up a resources, funds will be available to organisations/companies globally. There will also be funding available to scale up existing projects being financed by Legion Finance Trade Limited investors group, which have already demonstrated results to test the effectiveness of the project when reaching a wider group of companies.
During the launching on 4th of August 2018 in Luxembourg, Mr. Edward Sicliano, Chief Executive for Legion Finance Trade Limited in his comment said:
“Legion Finance Trade Limited is happy to be able to connect it’s investors towards this funding to businesses/organisations that can really deliver on promises. It’s our responsibility to work with our investors to deliver an excellent financing structure to help business and organisations grow to their peak. We will work towards increasing the size of the fund by the end of this financial year 2019.”
The lunch is aimed to increase Legion’s cross-border lending arm to Projects in emerging economies as well as in advanced countries.
LFTL’s Global Financing business employs over 30 employees and serves many corporate customers. Legion Finance Trade Limited also has a substantial presence through Project Finance in Europe, Africa and Americas. Legion Finance Trade Limited makes considerable ongoing financial investments in innovation and service quality.
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