*Landmark financing is largest syndicated loan ever raised by Nigeria in the international market and one of the largest syndicated transactions in Africa in recent years. *Facility will support Nigeria’s macroeconomic stability and long-term economic growth, facilitating access to raw materials and trade development. *Groundbreaking transaction represents a significant vote of confidence in Nigeria and Africa. *United Bank for Africa Plc (UBA) is the Local Arranger and Onshore Account Bank for the transaction, African Export-Import Bank (Afreximbank) has successfully arranged a syndicated US$3.3 billion crude oil prepayment facility sponsored by…
Read MoreAFREXIMBANK, UBA DISBURSE INITIAL US$2.25 BILLION OF SYNDICATED US$3.3 BILLION CRUDE OIL REPAYMENT FACILITY SPONSORED BY NNPCL
