We have handled a variety of legal documentation and compliance tasks on behalf of Nigerian and International lending institutions to safeguard the sanctity of lending transactions. We have had to provide legal opinion on debt remittances outside Nigeria, currency/exchange issues, mortgages and debentures issues, sovereign borrowings, among others.

We have also dealt with the preparation, review and perfection of legal documentation evidencing lending transactions at the land and company registries.

Our transactions in this practice area include a project review and negotiation of the project finance documentation for the Murtala Mohammed International Airport Terminal 2 transaction which was built on a Build, Operate and Transfer (BOT) basis involving about US$250 million.

We also played an advisory role to the Lagos-Ibadan expressway concessionaire on financing. We negotiated the multi-million dollar project finance documentation for the proposed development of the Kano-Singer market’s new site, reputed to be the largest market in West Africa.

Our lawyers prepared a Bond Issuance and Subscription Agreement in a N55 Billion (US$440 million) Bond Issuance transaction between a consortium of Nigerian banks and Transcorp (Nig) Plc. We also acted as a transaction counsel to the N18.75 Billion Public offer for shares of Dangote Flour Mills Limited.

We played an advisory role on project financing agreements and documentation on behalf of major financial institutions including Netherlands Development Finance Company, (FMO), Sofitel Capital Corporation, USA Inc, and Citi Group, London amongst others in relation to their lending activities in the Nigerian market.
Corporate Finance, Banking & Securities
‘’We advised and negotiated the project finance documentation for the proposed multi-million dollar development for the largest commercial city project in West Africa.’’
OTHER PRACTICE AREAS
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Quick links

4 River Benue Street,
Off IBB Boulevard,
Maitama District,
Abuja.

Tel: 234-9-2780930, 2780933-9.
3, Williams Jumbo Street, Old GRA
Port Harcourt,
Rivers State.

Tel: 234-84-896250.
Port Harcourt
Abuja
Other Offices

234-1-2718700-9