Afreximbank opens up to Asia through Samurai syndication

Samurai Fotolia 230x150
By Bianca Boorer
03 Apr 2017

African Export-Import Bank has tapped into Asian liquidity with a Samurai syndicated loan, paving the way for other African borrowers.

The facility, signed on 31 March, will consist of two tranches of ¥4bn and $70m and has an accordion feature to accommodate regional investors, according to a statement from the bank.

“The success of this facility represents an important milestone for African borrowers and provides a gateway for ...

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