West Wits concludes mortgage agreements for Qala Shallows

West Wits concludes mortgage agreements for Qala Shallows

ASX-listed West Wits Mining has executed definitive mortgage agreements inside the financing package deal of its Qala Shallows gold undertaking, situated on the West Rand of Johannesburg. The settlement completes West Wits’ funding pathway to steady-state gold manufacturing. The completion of the undertaking finance package deal removes a major execution threat and positions West Wits…

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Afreximbank Underwrites U.S..5-Billion in a U.S.-Billion Syndicated Time period Mortgage for Dangote Petroleum Refinery and Petrochemicals Fze

Afreximbank Underwrites U.S.$2.5-Billion in a U.S.$4-Billion Syndicated Time period Mortgage for Dangote Petroleum Refinery and Petrochemicals Fze

African Export-Import Financial institution (Afreximbank) is happy to announce that it has underwritten US$2.5 billion within the US$4-billion senior syndicated time period mortgage in favour of Dangote Petroleum Refinery and Petrochemicals FZE (DPRP). Afreximbank and Entry Financial institution had been appointed co-Mandated Lead Arrangers for the five-year facility to consolidate present financing, optimise its capital…

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