10th March 2020
Past winners
BONDS, LOANS & SUKUK AFRICA AWARDS 2019
Sovereign Debt Deal of the Year
Republic of Angola
US$3,000,000,000
May 2018
Senior Unsecured Dual-tranche Bond due May 2028 and May 2048
8.25% and 9.375%
Joint Lead Managers:
- Deutsche Bank
- Goldman Sachs
- ICBC
- Norton Rose
- ZAR325m due in February 2021
- ZAR140m due in February 2022
- Barclays
Legal Advisors to the Issuer:
Legal Advisors to the JLMs:
Corporate Debt Deal of the Year
Letshego Holdings Ltd
ZAR865,000,000
February 2018
Multi-currency Term Loans and Bonds
ZAR400,000,000 Multi-currency Amortising Term Loans into Letshego’s Namibia, Lesotho, and Swaziland subsidiaries; due February 2021
Dual-Tranche Senior Unsecured Bonds
Initial Mandated Lead Arranger and Sole Lead Arranger:
RMB
Legal Advisors to the Issuer and JLMs:
Bowmans
Local Currency Bond Deal of the Year
Bayport Financial Services
MZM1,050,000,000
July 2018
Senior Unsecured Bonds due July 2021
24.00%
Joint Lead Managers:
- Standard Bank
- Banco BIG
Legal Advisors to the Issuer and JLMs:
- Couto, Graca & Associados (CGA)
Financial Institutions Deal of the Year
ABSA Group Limited
US$400,000,000
April 2018
Basel III-compliant Tier 2 Bonds due 2028
Global Coordinators:
Absa
Joint Lead Managers:
- HSBC
- Citi
Legal Advisors to the Issuer:
Allen & Overy
Legal Advisors to the JLMs:
- Clifford Chance
- ENSafrica
- Norton Rose Fullbright
- Fasken
- Allen & Overy
- Nedbank Corporate and Investment Bank
- Ecobank
Project Finance Deal of the year
Enel Green Power RSA
ZAR14,000,000,000
July 2018
Single Borrower Portfolio Project Finance Facility for 5x140MW Wind Farms due July 2038
Joint Lead Managers:
- Absa
- Nedbank
Legal Advisors to the Borrower:
Legal Advisors to the JLMs:
Syndicated Loan Deal of the Year
MTN Zambia
ZAR1,200,000,000
September 2018
Multi-Currency (ZMW, ZAR, USD) Club Loan due 2023
Coordinator
- FNB Zambia, through RMB
Lenders:
- FNB Zambia
- RMB
- Barclays
- Stanbic
- Citi
- Ecobank
- ZANACO
Legal Advisors to the Borrower:
Legal Advisors to the JLMs:
ENS South Africa
Local Currency Loan Deal of the Year
Geita Gold Mining – only jpg logo
US$115,000,000
July 2018
Multi-Currency (USD/TZS) Syndicated Loan due in April 2021
Sole Mandated Lead Arranger and Bookrunner:
Facility B (TZS tranche) Lender and Agent Bank:
Facility B (TZS tranche) Lenders:
- Stanbic
- National Bank of Commerce
- Standard Chartered Bank
- NMB Bank –
- Allen & Overy (South Africa)
- Norton Rose Fulbright
- Allen & Overy
- HSBC Bank plc
Legal Advisors to the Borrower:
Legal Advisors to the JLMs:
Structured Finance Deal of the Year
Pepkor Holdings
ZAR18,000,000,000
May 2018
Multi-Tranche Syndicated Loans and Preference shares due in May 2021, May 2022 and May 2023
Initial Mandated Lead Arranger & Bookrunner
RMB
Mandated Lead Arranger
Standard Bank
Absa
Legal Advisors to the Borrower:
- Cliffe Dekker Hofmeyr
Legal Advisor to the JLMs:
Export Finance Deal of the Year
Vale S.A. and Mitsui & Co
US$5,000,000,000
November 2017
ECA-backed Term Loan Facilities for Construction and Rehabilitation of Nacala Integrated Railway and Port Corridor
ECAs:
- Export Credit Insurance of South Africa (ECIC)
- JBIC
- Nippon Export and Investment Indusrance (NEXI)
DFIs & MLA:
- African Development Bank (AfDB)
Mandated Lead Arrangers (in no particular order):
- Mizuho
- SMBC
- Standard Chartered Bank
- Nippon Life Insurance Company
- SMTB
- BTMU-MUFG
- Absa
- Investec
- RMB
- Standard Bank
Financial Advisor to the Borrower:
Legal Advisors to the Borrower:
- White & Case
Legal Advisors to the MLAs:
- Linklaters
- Webber Wentzel