Mabati Rolling Mills $50 million financing

7/4/2016
Financing

$ 50 million

Announced

7/4/2016


Overview:

  • Mabati Rolling Mills, a steel producer within the Safal Group, has taken out $50 million in new financing.
  • BBK (Barclays Bank of Kenya) and CfC Stanbic Bank acted as lenders.

Rani Mehta- Journalist

Jurisdiction:

Kenya

Deal type:

Financing

Practice area:

Banking

Governing law:

Kenya

Industry sector:

Industrials and manufacturing


Firm:

Party: Barclays Bank (Lender)

Party: Stanbic IBTC Bank (Lender)