- Published at
- by manilatimes.net
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MCB raises USD350m in Syndicated Loan from Asia
PORT LOUIS, Republic of Mauritius, Feb. 19, 2025 /PRNewswire/ -- The Mauritius Commercial Bank Ltd successfully closed its first Dual Tranche Asia-focused Syndicated Term Loan of USD350m. Initially launched at USD300m, the facility was very well received and was oversubscribed two times from a total of 20 banks, allowing MCB to upsize the facility to USD350m subsequently. The proceeds of the Facility will be used by MCB for general corporate purposes.