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Stanbic tells June 2019 close for USD2.5 billion debt deal for Uganda's oil pipeline

The entrance of the Stanbic Bank in Abidjan, Ivory Coast. [Photo: Reuters]

KAMPALA - Stanbic Bank Uganda, lead arranger for the East African nation’s USD2.5 billion debt for a crude oil pipeline, expects the deal to conclude in June next year, its chief executive said on Wednesday.

A security guard stands at the entrance of the Stanbic Bank in Abidjan, Ivory Coast. [Photo: Reuters]

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