10th March 2020
Cape Town International Convention Centre

2020 Winning Deals

Sovereign Debt Deal of the Year

Republic of Côte d’Ivoire


June 2019

Social Infrastructure Loan Facility due in June 2026

Lead Arranger and Bookrunner: MUFG

Insurer: African Trade Insurance Agency

Legal Advisors to the Obligor: Linklaters / FDKA Advocates

Legal Advisors to the Arrangers: KlemetSawadogoKouadio (KSK-Société d'Avocats)

Corporate Debt Deal of the Year

IHS Towers


September 2019

JLMs/Bookrunners: Absa / Citi / Goldman Sachs / jp/ Rand Merchant Bank / Standard Chartered

Legal Advisers to the Obligor: White & Case / Templars, Aluko & Oyebode

Legal Advisers to the JLMs: NautaDutihl / Clifford Chance

ECA / Export Finance Deal of the Year

East African Warehousing (T) Limited (“EAWL”)


April 2019

Amortizing ECA-Covered Loan for the Acquisition of tanker trailers from GRW Engineering due in April 2024

Arranger, Lender and Agent: Nedbank

Legal Advisors to the Arranger: ENS Africa / Dar es Salaam

Financial Institutions Deal of the Year

Africa Finance Corporation

US$233,000,000 and JPY1,000,000,000

September 2019

Dual-tranche USD/JPY Samurai Term Loan Facility due in September 2022

JLMs and Investors: MUFG / SMBC

Investors: Bank of Taiwan / Bank of Yokohama / Taiwan Business Bank / The Gunma Bank / The San-in Good Bank / Shinkin Central Bank

Local Currency Bond Deal of the Year

North South Power



February 2019

Nigerian SEC registered Amortizing and Callable (7-10 years) Green Infrastructure Bond due in February 2034

JLMs/Bookrunners: Stanbic

Legal Advisor to the Obligor: Banwo & Ighodalo

Legal Advisor to the JLMs: Templars

Local Currency Loan Deal of the Year

Puma Energy Holding


July 2019

Structured Finance Loan due August 2020

JLMs: Nedbank / Nedbank Namibia / First Rand Bank / First National Bank Namibia / Standard Bank / Standard Bank Namibia

Legal Advisor to the Borrower: Allen & Overy

Legal Advisors for the Lenders: Hogan Lovells

Project Finance Deal of the Year

Acorn Projects



October 2019

Senior Secured and Guaranteed Fixed Rate Green Project Bond due in October 2024

JLMs/Bookrunners: Stanbic Bank Kenya / SBG Securities Ltd

Legal Advisors to the JLMs: Anjarwalla and Khanna LLP

Structured Finance Deal of the Year

Retail Capital (Pty) Ltd


October 2019

Unlisted, Strate-settled, Secured Medium Term Note Programme (MTN)

JLMs/Bookrunners: Rand Merchant Bank

Legal Advisor to the JLMs: Cliffe Dekker Hofmeyr

Syndicated Loan Deal of the Year



June 2019

Senior Unsecured Credit Facility

UD$1.65bn Term Loan and $150m RCF due in June 2024

Global Coordinators: Bank of America Merrill Lynch / Mizuho / SMBC

Mandated Lead Arrangers: BNP Paribas / ICBC

Lead Arrangers: Bank of China / China Construction Bank / Citi / Intesa Sanpaolo IMI / JPMorgan / MUFG

Financial Advisors to the Borrower: Rothschild / Identity Advisory