The Mauritius Commercial Bank structured and provided a US$51m medium-term loan to Tolaram, the Singapore-headquartered consumer goods group, BusinessDay reported on 3 September 2026. The facility partially refinances a short-term facility taken for Tolaram’s completed acquisition of a controlling stake in Guinness Nigeria Plc.
The loan includes a covenant package designed to give the group financial flexibility. Pricing and tenor were not disclosed.
