Tag: AFC Raises $1.5B in Oversubscribed Loan to Fund Energy
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AFC Raises $1.5B in Oversubscribed Loan to Fund Energy, Trade, Infrastructure
Lagos based Africa Finance Corporation (AFC), announced on Monday it has raised $1.5 billion through an oversubscribed three-year syndicated loan facility. The facility was initially targeting $1.3 billion but was scaled up following strong demand, according to the AFC. The syndication attracted a diverse group of new and existing lenders from the Middle East, Africa, Asia, and Europe. New…
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