06

Sep

€1bn Global Syndicate Loan: BOI records 42.5% oversubscription

The Bank of Industry (BOI) announced that its €1 billion Global Syndicate Loan programme was oversubscribed by 42.5%, resulting in a total of €1.425 billion raised from international financial markets. According to BOI, the facility includes both fully guaranteed and partially guaranteed tranches by the Africa Finance Corporation. The bank stated: “Previously, the Bank of Industry raised […]