18 Feb 2016/Fitch Ratings (This statement was made by the rating agency on February 18, 2016) Fitch Ratings has revised the Outlooks on the Long-term foreign currency Issuer Default Ratings (IDRs) of First Bank of Nigeria Ltd (FBN), United Bank for Africa Plc (UBA) and Guaranty Trust Bank Plc (GTB) […]
Tag: First City Monument Bank
FCMB secures $150m loan facility
First City Monument Bank Limited has announced the signing of a $150m senior unsecured term loan facility with Commerzbank Aktiengesellschaft and Standard Chartered Bank acting as initial mandated lead arrangers and book-runners. A statement by the bank on Wednesday stated that the agreement represented its largest fundraising to date in […]
FCMB signs $150m syndicated term loan facility
First City Monument Bank Limited (FCMB) has signed a $150 million senior unsecured term loan facility with Commerzbank Aktiengesellschaft and Standard Chartered Bank, acting as Initial Mandated Lead Arrangers and Bookrunners. The transaction marks FCMB’s debut facility in the syndicated loan market. The facility, which was pre-funded by Commerzbank AG […]
