Africell dials up $150m deal with international lenders

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By Elly Whittaker
28 Jul 2015

Africell, the Sub-Saharan-based telecommunications firm owned by Lebanon's Lintel Group, has signed a $150m syndicated loan with local and international lenders.

Mandated lead arrangers were Banque Libano Francaise, Deutsche Bank, EcoBank RDC, IFC and Public Investment Corporation (SOC).

There were other lenders in the facility but those names were undisclosed by the lead bank.

Deutsche Bank was initial mandated lead arranger, sole bookrunner and facility agent.

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