Banwo & Ighodalo is a top tier firm across all the ranked practice areas in Nigeria with expertise in banking and finance and capital markets work.
During the research period the firm was busy working for borrowers and lenders on project financing, loan facilities and refinancing deals.
The firm is notably experienced in debt capital markets matters and, during the research period, advised issuers and trustees on notes, sukuk, green bond and a commercial paper issues.
In M&A the firm acted for a joint venture partner on a merger in the banking industry, advised sellers on deals in the consumer goods, power and oil and gas sectors, and represented acquirers on deals in insurance, pharmaceutical, financial services and oil and gas.
It was also active in project development, working for developers and sponsors on the development and construction of oil and gas and power plants projects.
Recent Deal Data highlights
•Africa Finance Corporation $300 million financing
•Beth Adorn $14 million acquisition of Oreon
•Dangote Cement Niger $150 million loan facility
•Federal Republic of Nigeria $2 billion 7.625% and 8.747% bond issue
•Federal Republic of Nigeria $276 million sukuk issue
•Jigawa 50MW solar power plant
•KKR $8 billion acquisition of spreads business from Unilever
•North South Power Company $23 million 15.60% green bond issue
"The firm has been on the top of the transaction and has provided high quality legal assistance during the whole transaction. They have been solution finders, which is extremely appreciable in the context of a difficult counterparty." – Banking
"We worked with them through English law. They were very attentive." - Banking
"The firm was very professional, responsive, cost-friendly, hand-on and willing to place its wide professional and industry network at our disposal." - Capital markets: Debt
"Top notch, professional work which was done in a timely manner." - Capital markets: Debt
"Strengths: the firm was thorough in the documentations and displayed hands on experience on the transactions. Weakness: response time was sometimes slow, because the relevant units of the firm had to confirm their aspect of the transaction." - M&A
"The firm brought professionalism and dynamism to bear in the execution of the mandate. Their speed and quality of delivery were impressive while client focus was commendable." - M&A
"Ayo is a brilliant commercial lawyer, certainly one of the best in her area of expertise. She is accessible, willing to listen and a tough lawyer to have onside in difficult negotiations."
"Ayo is a consummate and highly industrious commercial lawyer with extremely strong deal making capacity. A highly skilled negotiator ever willing to go beyond the ordinary call of duty to deliver the perceived impossible."
"Ayo is an astute professional who is very switched on when it comes to financial services and corporate legal work generally. Due to her depth of experience in financial services (equity and debt raising, securitisation and project financing), she is my first go-to professional in the market even at ideation level when we are thinking through the best structure for a transaction."
"Great work, my experience with her was very good."
"Seyi is very knowledgeable, thorough, dynamic and accessible. She can improve on the turnaround time of her team."
"Tomisin is focused, driven, a hard and smart lawyer you can rely on."