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.

March 12, 2024
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