Udo Udoma gets very good all round feedback. "We used them for due diligence, a couple of months of work, as local counsel but a big role," says a client, "they were very good, the quality of the information and advice we received was solid, we were happy with what they produced and they had good response times"....
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Udo Udoma gets very good all round feedback. "We used them for due diligence, a couple of months of work, as local counsel but a big role," says a client, "they were very good, the quality of the information and advice we received was solid, we were happy with what they produced and they had good response times".
Dan Agbor is recommended for the being "accommodating, available and committed to the project" and "not scared to put in the extra time and adhere to deadlines". Clients also recommend associate Nicholas Okafor as a "very good technical lawyer" while Yinka Edu is praised by peers as "a leading capital markets lawyer and major force in the firm, she is excellent".
The firm was mandated by the African Development Bank (ADB) on a $100 million loan to Guaranty Trust Bank (GTB) with the end aim of financing development projects and by a group of syndicated lenders in a $285 million facility to Sparkwest Steel Industries.
In capital markets, Agbor advised the arrangers and dealers of a $2 billion MTN programme for GTB and on the first issuance of 500 million 7.5% notes due in 2016. Edu acted for Flour Mills on its debt issuance programme and advised UPDC on a $97 million 10% fixed rate unsecured non-convertible bond issuance under its $193 million debt programme.
In M&A, a team led by Folake Adebowale advised SAB Miller on its $100 million investment in a new 500,000 hectolitre-capacity Greenfield brewery and bottling facilities with the Anambra State Government and other Nigerian investors.
In projects, Aniekan Ukpanah advised a syndicate of lenders on a $270 million facility to United Cement Company of Nigeria and Accugas on a $70 million facility for the construction of a central processing facility and the Uquo-Ikot Abassi gas pipeline.
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