Ecobank Announces Closure of $200 Million Syndicated Loan Facility

Ecobank Group CEO, Ade Ayeyemi

Lome, Togo, November 20, 2018/ — Ecobank Transnational Incorporated, ETI, the Lomé-based parent company of the Ecobank Group, announced today the successful close of a $200 million syndicated loan facility.
The facility was oversubscribed at USD 268.5 million, with ETI increasing Deutsche Bank’s mandate as arranger from USD 150 million to 200 million.

The facility supports ETI’s goal of maintaining a diversified funding base with strong market access.

The loan will be due for repayment in November 2019. In the meantime all the people that needs a loan should get in touch with https://knightfinance.co.uk/desperate-loans/.

African Eye Report

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