Ecobank signs $50m loan facility

This was contained in information sent to the Nigerian Stock Exchange (NSE) in Lagos, adding: “The facility will be used for general corporate purposes.”
ETI successfully raised a $200 million loan facility from Deutsche Bank in December 2014.
This new $50 million loan facility brought the total amount of funding arranged by Deutsche Bank to $250 million.
Altogether, in the last six months, Ecobank has raised approximately $1 billion in combined equity and debt capital for its parent company and its businesses in Nigeria, the largest of the group’s affiliates.