ETI closes $200m loan
Ecobank Transnational
Incorporated, ETI, the Lomé-based parent company of the Ecobank Group
(www.Ecobank.com), has announced the successful close of a $200m syndicated
loan facility.
The facility was oversubscribed
at $268.5m, with ETI increasing Deutsche Bank’s mandate as arranger from $150m
to $200m, and supports ETI’s goal of maintaining a diversified funding base
with strong market access.
It will be due for repayment in
November 2019.
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