Banking, Finance and Capital Markets
Deals
- The Firm advised the Lagos State Government on a N10,000,000,000.00 (Ten Billion Naira) syndicated debt financing for the Phase 1 of the Lagos State Redline Rail Project.
- The Firm is acting as the Nigerian solicitor to a major German bank operating as a universal bank (the Arranger) in respect of a €20,000,000.00(Twenty Million Euros) syndicated trade facility to a reputable Nigerian commercial bank for the purpose of financing the trade finance transactions of the commercial bank.
- The Firm is acting as solicitor to an open-ended collective investment scheme €10,000,000.00 (Ten Million Euros) bond in respect of a Client’s offer of 10,000 (Ten Thousand) units at $100.00 (One Hundred United States Dollars) each to high networth individuals.
- The Firm advised an indigenous Equity Firm on a N800,000,000 (Eight Hundred Million Naira) Mezzanine Investment in a specialist private healthcare services hospital.
- The Firm acted as the Nigerian counsel to the technology Health Management Operator, Reliance HMO Limited in its $6,000,000.00 (Six Million United States Dollars) Series A Equity Financing Round led by Partech Partners domiciled in the United States.
- The Firm advised Parthian Partners Limited on its Commercial Paper Issuance of N20,000,000,000.00 (Twenty Billion Naira) to be listed on the FMDQ Securities Exchange Limited Platform.
- The Firm acted as the lead counsel and transaction adviser to Coleman Technical Industries Limited (West Africa’s largest cable manufacturer), in connection with its N50,000,000,000.00 (Fifty Billion Naira) Bond Issuance Programme
- The Firm acted as Solicitors to Prestige Plc in respect of Prestige Assurance Plc Rights Issue of 13,635,796,006 (Thirteen Billion, Six Hundred and Thirty-Five Million, Seven Hundred and Ninety-Six Thousand and Six) Ordinary Shares of N0.50 (50 kobo) each at 0.50 per share on the basis of (38) thirty-eight New Ordinary Shares for every (15) fifteen Ordinary Shares.
- In light of the recent recapitalisation policy of the National Insurance Commission, the Firm acted as solicitor to the issue, in respect of a right issue valued at N10,730,000,000.00 (Ten Billion, Seven Hundred and Thirty Million Naira) being raised for a top-tier Nigerian Insurance Company.