Investec helps finance €225m Angolan hospital project

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The lender has partnered with other institutions to help Angola fund the construction of three hospitals with a combined project cost of €225m

Investec has helped put together a debt financing facility that will see it partly fund three hospitals in Angola with a combined project cost of €225m .

The niche lender and wealth manager worked with the Angolan finance ministry, the Export Credit Insurance Corporation of SA , Unicredit, which was the lead arranger on the deal, as well as Italy’s export credit agency Servizi Assicurativi del Commercio Estero , to successfully close the funding package. Investec, which announced the deal in a media statement on Friday, arranged €R34m of the total project cost...

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