Banking & Finance

About

Provided by Olaniwun Ajayi LP

OALP has over 40 years of experience in delivering cutting edge Banking & Finance advice, providing a full range of banking & finance services covering everything from financing and regulatory matters to restructuring and insolvency advice. Also covering corporate borrowing, asset finance, loan syndication, project & infrastructure finance, derivatives & structured finance, leveraged acquisition finance, real estate finance, commodities & export finance.

The firm is a trusted advisor to major banks and financial institutions in Nigeria, advising on all types of financing transactions and regulatory matters. For instance:

- Advised the Bank of Industry (BoI), on its US$1 Billion financing by a syndicate of twenty-eight lenders (including Afreximbank, Credit Suisse, African Finance Corporation, Rand Merchant Bank and Sumitomo Mitsui Banking Corporation Europe Limited as Mandated Lead Arrangers).

- Advised NLNG on the structuring, negotiating, and steering of the recently closed US$3 billion hybrid financing for the development of Nigeria LNG’s seventh liquefaction train.

- Advise to Seplat on US$ 350,000,000 senior secured revolving credit facility originally dated 30 December 2014. Also engaged by Seplat in respect of the transfer of a number of Oil Mining Leases (OMLs) being OMLs 4, 38 and 41 from Seplat to Seplat West Limited (this was pursuant to the Amended Facility Agreement).