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InfraCredit completes drawdown of AfDB $10m subordinated unsecured 10-year facility

InfraCredit, a ‘AAA’ rated specialised infrastructure credit guarantee institution, has announced that the drawdown of $10 million subordinated unsecured 10-year facility has been completed under the Subordinated Loan Agreement with the African Development Bank (AfDB) an international financial institution and multilateral development bank. According to a statement by Stefan Nalletamby, the Bank’s Director of Financial…

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