Nigeria, West Africa To Benefit From $274m Housing Finance

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Nigeria, West Africa To Benefit From $274m Housing Finance
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Nigeria, West Africa To Benefit From $274m Housing Finance Business

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The long-term financing is in partnership with Bank of America Securities Inc, Brean Capital, LLC, The Bank of New York Mellon, Togo’s Caisse Régionale de Refinancement Hypothécaire , the U.S. Agency for International Development and the U.S. International Development Finance Corporation .

The deal represents an innovative approach to mobilise transparent, market-oriented financing and is expected to help about 6,000 households gain access to home-ownership. Through this transaction, for the first time, CRRH accessed cheaper, longer-term capital with a 17-year $217 million equivalent Eurobond that was issued via a U.S. trust alongside a local currency bond equivalent to $57 million for a total raise of $274 million from international and local institutional investors.

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LeadershipNGA /  🏆 4. in KR
 

90% of the money would be misappropriated and looted. Something is definitely wrong with the black race..

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