Perspective
08 July 2015
Afrexim raises and closes a record $1 billion bank loan
Region:
Middle East & Africa
The African Export-Import Bank (Afrexim) has finally closed the general syndication stage of a term loan amounting to the equivalent of $1 billion. This is the largest ever term loan facility raised in the bank’s history. The bank will use the funds largely for onlending related to trade finance-related purposes.
