10th March 2020

2020 Winning Deals

Sovereign Debt Deal of the Year

Republic of Côte d’Ivoire

EUR230,000,000

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

US$1,800,000,000

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”)

US$10,520,000

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

NGN8,500,000,000

15.60%

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

ZAR1,850,000,000

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

KES4,261,000,000

12.25%

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

ZAR325,000,000

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

Sasol

US$1,000,000,000

June 2019

Senior Unsecured Credit Facility

Mandated Lead Arrangers: Bank of America, Citi, Mizuho, MUFG

Legal Advisor to the Borrower: Shearman & Sterling LLP, ENSafrica

Legal Advisor to the JLMs: Davis Polk, Bowmans