Afreximbank Underwrites U.S.$2.5-Billion in a U.S.$4-Billion Syndicated Term Loan for Dangote Petroleum Refinery and Petrochemicals Fze
African Export-Import Bank (Afreximbank) is pleased to announce that it has underwritten US$2.5 billion in the US$4-billion senior syndicated term loan in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). Afreximbank and Access Bank were appointed co-Mandated Lead Arrangers for the five-year facility to consolidate existing financing, optimise its capital structure and align with…