NetOne extends facility by $65 million in government refinancing

In:

Infrastructure, Other, Telecoms and Communications

Region:

Middle East & Africa

Zimbabwe national mobile broadband company NetOne has extended its existing loan from Chexim by over $65 million. The loan has a maturity of 20 years, inclusive of a five-year grace period, and is priced at 20bp per year plus a management fee of 25% on the outstanding principle. Finalised in June,...

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