BoI Raises €1.43bn Global Loan Syndication Drive

BoI Raises €1.43bn Global Loan Syndication Drive …C0NTINUE READING HERE >>>

The Bank of Industry (BOI), yesterday announced that it received €1.43 billion and recorded 142.5 per cent subscription from the senior phase of its global loan syndication.

The landmark transaction also represented a 42.5 per cent oversubscription as the bank takes advantage of the syndicated loan market. The facility includes a fully guaranteed and a partially guaranteed tranche by Africa Finance Corporation (AFC).

The development finance institution had raised €1 billion via a term…

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