(Reuters) - The five-year facility was priced at a margin of 25 basis
points above Libor and is the largest club styled term loan
concluded for Standard Bank, the bank said in a statement.
The funds would be used to support infrastructure
developments in South Africa, an increase in corporate credit
demand and continued growth in the retail market, it said.
The mandated lead arrangers include Bank of America, Bank of
China Limited and Bayern LB.
Read more at Reuters.com Bonds News
points above Libor and is the largest club styled term loan
concluded for Standard Bank, the bank said in a statement.
The funds would be used to support infrastructure
developments in South Africa, an increase in corporate credit
demand and continued growth in the retail market, it said.
The mandated lead arrangers include Bank of America, Bank of
China Limited and Bayern LB.
Read more at Reuters.com Bonds News
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