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0 0 0 0 0.0110981308411216 0.0146028037383178 0.0181658878504673 0.0216121495327103
Stock impact report

The Mauritius Commercial Bank Limited successfully closes its USD 450 million Syndicated Term Loan Facility [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
India-focused Syndicated Term Loan Facility, raising USD 450 million. The transaction marks a key milestone in MCB's funding strategy, further diversifying its international lender base and strengthening relationships across priority markets. MCB Group logo Originally launched at USD 300 million, the facility attracted strong demand, securing commitments from 25 banks, including five new lenders alongside existing relationship banks. Oversubscribed by approximately 2.1 times, the transaction was upsized to USD 450 million, reflecting sustained confidence in MCB's credit fundamentals. Structured as a two-year term loan with a one-year extension option at the borrower's discretion (2+1), the facility enhances funding flexibility and optimises MCB's maturity profile. Strong market support also enabled improved pricing, reducing the overall cost of funding. Proceeds will be used for general corporate purposes, supporting MCB's continued growth in Mauritius and across the African r Show less Read more
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