Bonds

African Export-Import Bank and Africa Finance Corporation lead Ecobank Transnational Incorporated(ETI)'s $250 million Bridge-to-Bond Facility.

Africa Finance Review

Mar 12, 2024 — 1 min read

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Ecobank Transnational Incorporated (ETI) has signed a $250 million senior bridge-to-bond loan facility led by The African Export-Import Bank (Afreximbank) and Africa Finance Corporation (AFC), which serve as the Global Coordinators and Initial Mandated Lead Arrangers.

The initial twelve-month loan will support Ecobank Transnational Incorporated's trade finance and general corporate needs. Emirati bank Mashreqbank PSC also acted as a Mandated Lead Arranger for the loan facility in the statement.

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Ecobank Repays $500Million 5-Year Eurobond Debt.

Egypt Receives $820 Million From IMF's Extended Fund Facility (EFF) Deal.

Kenya: The Rise of Rutonomics

Ghana Yet To Restructure $13 Billion Debt with International Bondholders