{"id":2049,"date":"2013-04-12T19:41:51","date_gmt":"2013-04-12T19:41:51","guid":{"rendered":"http:\/\/disnaija.com\/nigeria-news\/dangote-group-seeks-3-5-bln-syndicated-loan\/"},"modified":"2013-04-12T19:41:51","modified_gmt":"2013-04-12T19:41:51","slug":"dangote-group-seeks-3-5-bln-syndicated-loan","status":"publish","type":"post","link":"https:\/\/disnaija.com\/dangote-group-seeks-3-5-bln-syndicated-loan\/","title":{"rendered":"Dangote Group seeks $3.5 bln syndicated loan"},"content":{"rendered":"
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Dangote Group, Nigeria’s biggest listed company, has begun talks to raise a debut syndicated loan for $ 3.5 billion to fund fertiliser and oil refinery projects, two sources with knowledge of the situation said.<\/p>\n
The seven-year loan for Nigeria’s biggest cement producer is split equally between Nigerian and international lenders via lead banks Guaranty Trust Bank, Standard Bank and Standard Chartered, Reuters reported quoting sources.<\/p>\n