Senior Partner: Dan Agbor
Managing Partner: Aniekan Ukpanah
Number of partners: 15
Number of lawyers: 70
Udo Udoma & Belo-Osagie is a full service, multi-disciplinary law firm that is focused on facilitating corporate and commercial business throughout Nigeria, and across Africa. Founded in 1983, UUBO has evolved into a multi-disciplinary,15-partner concern with 137 professional employees, including 70 lawyers, with offices in Nigeria’s key commercial centres.
Main Areas of Practice:
■ Banking & Finance
■ Business Establishment & Corporate Immigration
■ Capital Markets
■ Company Secretarial Services
■ Compliance and Investigations
■ Corporate Advisory
■ Dispute Resolution
■ Intellectual Property
■ Mergers, Acquisition, Restructuring
■ Oil & Gas
■ Power, Infrastructure and Projects
■ Private Equity
■ Pro Bono
■ Real Estate
■ Telecommunications, Media, Technology
Banking & Finance:
■ The African Development Bank (the “AFDB”) in respect of the Subordinated Loan of USD 10 million in favour of Infrastructure Credit Guarantee Company Limited.
■ Branch International in connection with a USD 10 million structured finance facility from Colchis.
■ ABSA Capital Limited on the restructuring of the security of the inventory financing facility of up to USD 25 million.
■ Advising FBN Trustees Limited and STL Trustees Limited on a non-interest bearing debt issuance programme, through the issue of Sukuk, established by The Federal Government of Nigeria
■ A real estate firm on its USD 10 million Refinancing of a bank loan
■ The IFC in connection with a loan of USD 40 million to Republic Bank of Ghana, Limited and a loan of USD 87 million to Access Bank Plc.
■ Several fintech entities in connection with the regulatory framework for Fintech and cryptocurrencies in Nigeria.
■ KFW in connection with an investment of up to EUR 11million in Babban Gona Farmer Services Limited
■ Advising IFC in connection with a loan of USD 40 million to Republic Bank of Ghana, Limited and a loan of USD 87 million to Access Bank Plc
■ Advised the United Sates Development Finance Corporation (formerly OPIC) on a USD200 million facility to Union Bank of Nigeria PLC
Projects & Energy:
■ An international energy and infrastructure conglomerate on the phased project construction, financing and development of a 530MW power infrastructure in an East African country
■ Daystar Power Group in connection with the multi-million-dollar debt financing from Sunfunder Inc. for the expansion of its solar power projects for commercial and industrial energy users.
■ A power company on the debt restructuring of a facility provided by three Nigerian Lenders to an affiliate company.
■ Advised Daystar Power Group on the multimillion-dollar debt financing from Sunfunder Inc. for the expansion of its solar power projects for commercial and industrial energy users.
■ An oil and gas company on its acquisition of a 45% participating interest in a production sharing contract in respect an OML.
Corporate Advisory (including M&A, Private Equity):
■ Advised DMG (Events) UK Limited on the acquisition of an indirect stake in CWC Events Africa Limited.
■ Advised AR Packaging AB in connection with the acquisition of 100% of Nampak Cartons Limited and Nampak Properties Limited from Nampak International Limited.
■ Advised Leapfrog Investments on its acquisition of a significant minority stake in AIICO Insurance plc through a private placement.
■ Advised UAC of Nigeria PLC in connection with the transfer of 8% of UACN’s equity in MDS Logistics Limited to Imperial Capital Limited.
■ Advised Continental Reinsurance PLC (CRe) on the establishment of a new group holding vehicle in Mauritius, and the scheme of arrangement between CRe and its shareholders which led to the acquisition of all the company’s shares by the Mauritius holding company and the delisting of CRe from the Nigerian Stock Exchange.
■ Advising the joint venture between Growthpoint Properties and Investec Asset Management (Growthpoint Investec African Properties Limited) and RMB Westport Real Estate Development Fund Limited on the applicable laws, regulations and process for obtaining the approval of the Federal Competition and Consumer Protection Commission to the indirect acquisition of Osapa-Lekki SPV Limited.