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Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn | Collector
Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn
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Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn

By Udeme Akpan The African Export-Import Bank has underwritten $2.5 billion of a $4 billion senior syndicated term loan for the Dangote Petroleum Refinery and Petrochemicals. A syndicated loan is a financing arrangement involving a large sum of money provided by a group of lenders. In a statement confirming the deal, Afreximbank disclosed that it […] The post Dangote Refinery secures $4bn syndicated loan, Afreximbank underwrites $2.5bn appeared first on Vanguard News .

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