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Ecobank secures $250m bridge-to-bond loan from Afreximbank & Africa Finance Corp for trade finance and general purposes.
Ecobank secures a $250 million senior unsecured bridge-to-bond loan facility from Afreximbank and Africa Finance Corporation, aiming to support trade finance and general corporate purposes.
The loan has a 12-month tenor, with a six-month extension option, and includes an accordion feature allowing an increase in total commitments.
Global Coordinators and Initial Mandated Lead Arrangers include Afreximbank, AFC, and Mashreqbank PSC.
14 months ago
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