Aiteo Eastern Exploration and Production in debt restructuring talks with First Bank of Nigeria
Jeune Afrique Business+ has learned from the group managing director Victor Okoronkwo. le syndicat de banques emmené par First Bank of Nigeria et comprenant une majorité d’établissements de la place y compris Ecobank Nigeria,
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▪ Aiteo Eastern Exploration and Production in debt restructuring talks with First Bank of Nigeria
▪ Jeune Afrique Business+ has learned from the group managing director Victor Okoronkwo. le syndicat de banques emmené par First Bank of Nigeria et comprenant une majorité d’établissements de la place y compris Ecobank Nigeria,
▪ https://www.africabusinessplus.com/en/805080/aiteo-eastern-exploration-and-production-is-in-debt-restructuring-talks-with-its-lenders/
All parameters of the company’s debt are under consideration as part of the talks with bank syndicate led by First Bank of Nigeria and including Zenith Bank, Guaranty Trust Bank, Sterling Bank, Union Bank of Nigeria, Fidelity Bank, Ecobank Nigeria and AFC, which began shortly before the COVID-19 pandemic, Victor Okoronkwo said. The discussions to date have been “fruitful” and Okoronkwo said he hopes that an agreement can be reached “as soon as possible.”
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