FBN, Ecobank Seal $170m Financing Deal

Seven Energy International Limited and its wholly-owned subsidiary, Accugas Limited have closed a $170 million 5-year medium-term acquisition finance facility with FBN Bank (UK) Limited and Ecobank Nigeria Limited.

FBN Capital Limited acted as the structuring bank, sole initial mandated lead arranger, and financial modelling bank, as well as global facility coordinator, while Aluko & Oyebode acted as the lender’s legal counsel. Royal HaskoningDHV Nederland BV represented the lenders on environmental and technical due diligence matters… Read More

Culled from This Day

April 4th, 2014
Posted In: Business

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