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....

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Interview
03 August 2026

Africa export finance fires on all cylinders with Citi’s...

Richard Hodder, head of export finance at Citi, outlines Citi’s Africa export finance strategy, discusses the evolution of ECA shopping lines in Europe and changes at US Exim....

Perspective
07 August 2026

Asia export finance: More grey than green

Asia’s export finance market is open and institutionally committed — but quieter on volume, stricter on content, and leaning on LNG and strategic supply chains rather than a...