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Abraaj invests $10m in C&I Leasing in fresh debt for equity swap

C&I Leasing

In what could be termed as a boost for the Nigerian investment space, Africa focused equity firm, Abraaj has announced the conversion of its Aureos Africa Fund of $10 million loan stock in C&I Leasing Plc to equity. At C & I Leasing’s current market price of N1.78, $10 million (N3 billion) would equate to…

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