News
28 June 2019

Absa Bank closes $500m term loan

Region:
Middle East & Africa

Absa Bank, via bookrunners and coordinators Bank of America Merrill Lynch and Standard Chartered Bank, has reached financial close on a $500 million two year term loan - Absa's first syndicated borrowing in 10 years. The deal includes an extension option and pays a margin of 1.05% per year....

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