Ecobank has signed a $50 million one-year senior unsecured loan facility with an interest rate of 3 month Libor plus 4.75%.
The loan was arranged by Deutsche Bank and will be used for general corporate purposes.
It marks a follow up to the $200 million loan Ecobank raised from Deutsche Bank in December 2014, bringing the total funding arranged by Deustche Bank to $250 million.
0 Likes
