Solicitor to the Issue and adviser to Investment and Banking Trust Corporation, ("IBTC"), First City Monument Bank ("FCMB") and Lagos State Government on the issuance of the N25 Billion Lagos State Development Bond.
Solicitors to a leading Nigerian Bank on the Scheme of Arrangement between the Bank and holders of its fully paid up ordinary shares.
We are currently the lead Solicitors advising the Osun State Government on the issuance of a N60 Billion Infrastructure Bond and Sukuk (Islamic Bond). The Sukuk issuance will be the first State issuance in Nigeria when completed.
Advised on the dual listing of a Petroleum E&P Company on the Nigerian and London Stock Exchanges as well as Regulation 144(a) placement in the United States.
Rendered legal advisory services to an insurance company in respect of fund raising amounting to Y1,350,000,000 by placement of 13,500 bonds of Y100,000 each.
Advised on the Rights Issue and private placement of Union Bank Plc to the Asset Management Corporation of Nigeria (AMCON).
Advised FinBank on the acquisition by First City Monument Bank ("FCMB") of 100% of its shares in consideration for shares or cash in FCMB. We also participated in the variation, redemption and cancellation of the preference shares of FinBank through a scheme of arrangement.
Advised WEMA Bank in the 40% acquisition of it shares by an equity investor.
Advised on the reorganization and recapitalization of Intercontinental Bank Plc ("IBP") by the acquisition of 80% equity interest in IBP by Access Bank Plc. through the use of an SPV.
Advised Union Bank Plc. on the acquisition by a consortium of private equity firms of a 60% stake of the bank and the subsequent recapitalization of the Bank with US$ 500 Million.
Advised on the acquisition of 100% equity interest in Oceanic Bank International Plc. by Ecobank Transnational Incorporated ("ETI") in consideration of the issuance of ordinary shares in the capital of Ecobank Nigeria to the existing shareholders of Oceanic Bank.