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13 Banks Raise $1.2B For Etisalat - Nairaland / General - Nairaland

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13 Banks Raise $1.2B For Etisalat by KrisJay(f): 3:37pm On May 22, 2013
A consortium of 13 local banks, including
Zenith, Guaranty Trust, Access and First
Bank, yesterday signed a loan syndication
agreement to poll a total of $1.2 billion
medium term facility for Emerging Markets
Telecommunications Services (EMTS) Ltd.,
Etisalat Nigeria Limited, to enable it
refinance existing facilities and to help
upgrade its operations across the country.

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