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UnionBank raises P18.2B via dual-tranche offering

ABOITIZ-LED Union Bank of the Philippines (UnionBank) said Monday that it had successfully raised P18.168 billion from a dual-tranche offering of Philippine peso-denominated fixed-rate bonds. ....

Exchange Corp , Union Bank , Terms Of Service , Standard Chartered Bank , Banknv Manila Branch , Philippine Stock Exchange , Manila Times , Johnson Sia , Philippine Dealing , P18 2b , Dual Tranche ,

Reserve Bank of Malawi sues Mulli, Likhunya and 3 others over K3.2bn unpaid loans | Malawi Nyasa Times


March 7, 2021
Wanga Gwede - Nyasa Times 27 Comments
The Reserve Bank of Malawi (RBM) has sued Mulli Brothers Limited, JF Investment Limited of Justin Fredson Likhunya and three other local companies for failure to repay about K3.2 billion in loans connected to subsidised fertiliser deals they signed with the government.
Chakaka Nyirenda: Files the summons on behalf of RBM
Mulli: I am denied contracts so where do I get the money
According to court document, the central bank lawyer Thabo Chakaka Nyirenda filed in the High Court Commercial Division on March 2 2021 the companies were accessing the loans as part of a trade finance agreement known as Dual Tranche  Strategic Structured Commodity and Trade Finance Facility which they signed a couple of years ago. ....

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