Afreximbank signs its largest syndicated loan at $1.2bn

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 ...

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