Afreximbank signs its largest syndicated loan at $1.2bn

afreximbank230x150.jpg
By Bianca Boorer
05 Jun 2017

Afreximbank has closed its largest ever syndicated loan at $1.2bn with 35 banks, its second facility of the year, after a Samurai in April.

The record setting facility, split $632.9m and €499.6m, was originally signed on May 12 and general syndication lenders signed into the agreement on May 30.

The dollar slice has two tranches with tenors of two and three years, priced at 125bp and 140bp over Libor. The euro piece ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.