FCMB says $70m IFC loan on track

Category: Investors NewsBeat


  Read (1147)
FCMB says $70m IFC loan on track

September 30, 2010 12:58AM



First City Monument Bank said on Wednesday it is on track to securing a $70 million loan package from the International Finance Corporation (IFC), the World Bank’s private-sector arm.


Chief Executive Ladi Balogun told an investor conference the loans -- $50 million of straight debt and $20 million of convertible debt -- should be confirmed within the next few days.


http://proshareng.com/investors/company.php?ref=FCMB


Source: NEXT



Tags: , 


Comment With Your Facebook or Yahoo! ID


Latest news


News on Investors NewsBeat

Feedback Form Subscribe/Unsubscribe Inside Proshare Directory Investment Community Developer Newsletters Site Map

Get our toolbar!