Proshare - Facebook Proshare - Twitter Proshare - Google+ Proshare - Linked In Proshare - RSS Feed

ETI Signs $250m Senior Unsecured Loan Facility

Proshare

Tuesday, September 05, 2017 / 3:20 PM /NSE 

Ecobank Transnational Incorporated, ETI, the Lome-based parent company of the Ecobank Group, today signed a five-year senior unsecured loan facility of USD 250
Million from Deutsche Bank AG. 

The Public Investment Company (PIC) of South Africa, one of the major institutional shareholders of ETI, is providing full credit support to Deutsche Bank in this transaction via a sub–participation of risk. This new facility of USD 250 million will be used primarily to refinance maturing facilities.
 

Related 
News

1.       ETI Appoints Mr. Eric Odhiambo as Its New Chief Risk Officer and Group Head, Risk Management
2.      ETI Announces the Co-option of Mr Greg Davis to its Board of Directors
3.      ETI Declares N18.68bn PAT in Q1'17 Results,(SP:N7.8k)
4.      ETI Declares N52.6bn Loss After Tax in 2016 Audited Results (SP:N8.20k)
5.      Ecobank to Publish Year Ended 2016 Audited Financial Results on 18 April 2017
6.   Erratum to Ecobank Announcement Regarding Delay to Publishing of 2016 Audited Results
7.      ETI Announces a Delay to the Publishing of Year Ended 31 December 2016 Results
8.  Afreximbank and ETI agree on African trade and investment promotion including US$500 mln programme
9.   Extract from Financials - ETI Tops Companies by Turnover as DANGCEM Leads on PAT
10.  ETI Records 15% Drop in PAT in Q3'16,(SP:N10.50k)
11.   ETI and Old Mutual Announce New Strategic Agreement
12.   Eveline Tall Daouda leaves Ecobank after two decades
13.  ETI Awaits Requisite Approval on the Conversion of Its Preference Shares to Ordinary Shares
14.  Conversion of ETI Preference Shares to Ordinary Shares
15.   ETI Announces the Appointment of Greg Davis as Chief Financial Officer and Group Executive Finance
16.  ETI Announces Appointment of Dan Sackey as MD, Ecobank Ghana & Regional Executive, Anglophone WA
17.   ETI Q2'16 Conference Call & Earnings Presentation - The Key Takeaways
18.  Ecobank Group Reports PBT of 204mln on Revenue Of 1.0bn for Q2 16
19.  ETI Records 35.4 Drop in PAT in Q2 16 SP N12.74k
20. Ecobank announces consolidation of shares declares a dividend of US 48.2 million
21.   ETI to Rationalize Branches to Drive Productivity
22. Ecobank announces consolidation of shares declares a dividend of US 48.2 million
23. Ecobank Group Appoints Amin Manekia as Group Exec Corporate Investment Banking
24. ETI Q4 15 Q1 16 Conference Call Earnings Presentation The key takeaways
25.   ETI Records 33.8 Drop in PAT in Q1 16 SP N13.87k
26. ETI Proposes 40kobo Dividend as PAT Dips by 67.6 in 2015 Result SP N13.90k
27.  ETI Announces Laurence do Rego as Group Executive of Commercial Banking Business

READ MORE:
Related News