Dangote’s oil refinery loan has 7-year tenor – Banking sources

The $3.3 billion syndicated loan secured by Dangote Industries last week to build a 400,000-barrel per day oil refinery and petrochemical plant is said to have a seven-year pay back period. A banker who was part of the negotiation disclosed this, saying that Dangote Group may have to work extra hard to meet the payment […]

Dangote’s oil refinery loan has 7-year tenor – Banking sources

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