Konyinsola Ajayi SAN

Banking

Capital markets : Debt

Capital markets : Equity

M&A

Project development

Project finance

Advised on Airtel Africa Plc’s on its US$750 Million dual listing in the United Kingdom and Nigeria, a deal which is the first ever offer and inward listing on the Nigerian Stock Exchange (NSE).

Advised Seplat Petroleum Development Company Plc. on its £382 million 100% acquisition of the equity of Eland Oil and Gas Plc., a Scottish company, which holds a 45 percent interest in OML 40 through its joint venture company, Elcrest Exploration and Production Nigeria Limited.

Advised the African Finance Corporation (AFC) on its NGN121.4 billion facility to Emerging Markets Telecommunications Services Limited (Etisalat Nigeria, now 9Mobile).

Advising the Lagos State Government in connection with the $2.25billion proposed design of the 38-kilometre Fourth Mainland bridge (4MB) under a private public partnership (PPP) arrangement.

Advised the Tolaram Group (the Sponsors) on the $629million construction, and development of the Lekki Port under a 45-year concession by Nigerian Ports Authority on a Build, Own, Operate and Transfer (BOOT) basis.

Advised on the merger of Cement Company of Northern Nigeria (CCNN) and BUA Cement Plc (BUA) - with a market cap of $3.3B (NGN1.18TRN)