By Michel Haoses. Trustco’s real estate portfolio, operated by Trustco Properties, has just received an important boost with the approval and...
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Maroc - ECONOMIST.COM.NA - A la Une - 18/Mar 13:56
Trustco’s founding family buys more Trustco debt
By Michel Haoses. Trustco Group Holdings Limited announced on Tuesday that Next Capital, its founding family’s investment vehicle, has acquired N$297 million of foreign debt from a Trustco investment subsidiary. This acquisition raises Trustco’s total debt owed to Next Capital to N$5.121 billion (US$280 million). The debt includes a mix of interest-bearing and non-interest-bearing components, […]
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