Stanbic Kenya and Stanbic Zambia step into syndicated loan market
Stanbic Kenya launched a $100m loan on Monday and Stanbic Zambia is marketing a $50m deal, according to bankers.
Stanbic Kenya is marketing a $100m loan, said bankers on the deal. Emirates NBD launched the loan into syndication on Monday.
The dollar denominated deal has two tranches with two and three year tenors.
“The market sounding was quite positive,” said a banker on the deal.Emirates NBD ...