Oando secures N60 billion loan
The management of Oando Plc said, on Thursday, it had secured loan facilities worth N60 billion from 13 banks to fund growth.
Oando, which is listed in Lagos and Johannesburg, said First Bank,
Guaranty Trust Bank and Stanbic IBTC Bank were the lead arrangers for
the financing, which takes the form of a 5-year medium-term note.
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