trending Market Intelligence /marketintelligence/en/news-insights/trending/eWEtqKWY1qWFEItW5HZ6oQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Afreximbank closes private placement of depositary receipts

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Afreximbank closes private placement of depositary receipts

African Export-Import Bank said it raised a total of $165.9 million through the private placement of 38,575,018 depositary receipts following closure of the transaction.

The Cairo-based lender said 5,000 depositary receipts have since been listed at the Stock Exchange of Mauritius at an initial price of $4.30 apiece.

Mauritian bank SBM Group acted as lead arranger and depositary of the receipts.