Sefton Fross is a Nigerian firm known for its work in the banking and finance, capital markets, M&A and project development areas.
During the research period the firm’s banking work included advising borrowers and lenders on Islamic finance, project financing, loans, acquisition financing, revolving credit facilities, refinancing and syndicate financing deals.
In capital markets work the firm worked for issuers and trustees on sukuk issues, notes issues and bond issues. It also represented issuers on rights issues and capital raises.
The M&A team was active on deals in the oil and gas, insurance, power, manufacturing and real estate sectors. The firm acted as counsel to both buyers and sellers.
In project development, the firm advised project companies and sponsors on the development of power and oil and gas projects.
Recent Deal Data highlights
•Atlas Mara $5 million financing
•Eagle Hospitality & Leisure $200 million refinancing
•EMA Consortium $625 million acquisition of 80% equity of Calabar Generation Company
•Grace Lake Partners $11.5 million financing
•Ignite Investments and Commodities acquisition of 75% of issued share capital of Forte Oil
"Incisive, impactful and knowledgeable guidance and support delivered with confidence, the firm's work consistently represents a dimension of informed interventions that we have come to rely on." - Banking
"Sefton Fross approached its work professionally and provided a clear path for ensuring a detailed work was done. The firm was able to proffer documentation improvements to assist in regulatory compliance. We were very satisfied with the quality of work." - Capital markets: Equity
"Sefton Fross takes the time to understand their clients' needs and culture. It works with clients to proffer solutions that benefit both sides. They understand the investment space. They are accommodating on cost structures, fair on pricing and like challenging projects. They need more staff at senior levels." - Investment funds
"Very strong legal background in financing, the electricity sector and contract negotiations. Also helpful in negotiating the shareholders' agreement with equity investor." - Project development
"Very intelligent, willing to go the extra mile for clients, proactive in proffering solutions. Employs a win win approach. Needs to hire more people who can perform at her level."
"Yemi is a talented lawyer; with exceptionally strong eye for detail, has subject knowledge and is a "problem-solver."
"Yemi is very strong and experienced in commercial matters. The breadth of the various industries she has worked in clearly shows in the innovativeness of the solutions to the legal issues in transactions. Her commercial knowledge coupled with her legal experience makes her an ideal partner for legal issues in commercial transactions."