10 - 11 March 2020
2020 Award Winners
GFC Media Group’s Bonds, Loans & Sukuk Africa Awards recognises the year’s most innovative and ground-breaking deals from Sovereign, Corporate and Financial Institution issuers and borrowers.
Winners will be presented with their tombstone after Day 1 of the Bonds, Loans & Sukuk Africa conference on 10th March 2020 at Cape Town International Convention Centre.
Sovereign Debt Deal of the Year
Republic of Côte d’Ivoire
EUR230,000,000
June 2019
Social Infrastructure Loan Facility due in June 2026
Lead Arranger and Bookrunner: MUFG
Insurer: African Trade Insurance Agency
Legal Advisors to the Obligor: Linklaters / FDKA Advocates
Legal Advisors to the Arrangers: KlemetSawadogoKouadio (KSK-Société d'Avocats)
Corporate Debt Deal of the Year
IHS Towers
US$1,800,000,000
September 2019
- US$500,000,000 5.5NC2 Notes with Coupon 7.125% due in March 2025
- $US800,000,000 8NC3 Notes with Coupon 8.000% due in September 2027
- US$650,000,000 Amortizing Term Loan and Shareholder Loan due in September 2024
JLMs/Bookrunners: Absa / Citi / Goldman Sachs / jp/ Rand Merchant Bank / Standard Chartered
Legal Advisers to the Obligor: White & Case / Templars, Aluko & Oyebode
Legal Advisers to the JLMs: NautaDutihl / Clifford Chance
ECA / Export Finance Deal of the Year
East African Warehousing (T) Limited (“EAWL”)
US$10,520,000
April 2019
Amortizing ECA-Covered Loan for the Acquisition of tanker trailers from GRW Engineering due in April 2024
Arranger, Lender and Agent: Nedbank
Legal Advisors to the Arranger: ENS Africa / Dar es Salaam
Financial Institutions Deal of the Year
Africa Finance Corporation
US$233,000,000 and JPY1,000,000,000
September 2019
Dual-tranche USD/JPY Samurai Term Loan Facility due in September 2022
JLMs and Investors: MUFG / SMBC
Investors: Bank of Taiwan / Bank of Yokohama / Taiwan Business Bank / The Gunma Bank / The San-in Good Bank / Shinkin Central Bank
Local Currency Bond Deal of the Year
North South Power
NGN8,500,000,000
15.60%
February 2019
Nigerian SEC registered Amortizing and Callable (7-10 years) Green Infrastructure Bond due in February 2034
JLMs/Bookrunners: Stanbic
Legal Advisor to the Obligor: Banwo & Ighodalo
Legal Advisor to the JLMs: Templars
Local Currency Loan Deal of the Year
Puma Energy Holding
ZAR1,850,000,000
July 2019
Structured Finance Loan due August 2020
JLMs: Nedbank / Nedbank Namibia / First Rand Bank / First National Bank Namibia / Standard Bank / Standard Bank Namibia
Legal Advisor to the Borrower: Allen & Overy
Legal Advisors for the Lenders: Hogan Lovells
Project Finance Deal of the Year
Acorn Projects
KES4,261,000,000
12.25%
October 2019
Senior Secured and Guaranteed Fixed Rate Green Project Bond due in October 2024
JLMs/Bookrunners: Stanbic Bank Kenya / SBG Securities Ltd
Legal Advisors to the JLMs: Anjarwalla and Khanna LLP
Structured Finance Deal of the Year
Retail Capital (Pty) Ltd
ZAR325,000,000
October 2019
Unlisted, Strate-settled, Secured Medium Term Note Programme (MTN)
JLMs/Bookrunners: Rand Merchant Bank
Legal Advisor to the JLMs: Cliffe Dekker Hofmeyr
Syndicated Loan Deal of the Year
Sasol
US$1,000,000,000
June 2019
Senior Unsecured Credit Facility
Mandated Lead Arrangers: Bank of America, Citi, Mizuho, MUFG
Legal Advisor to the Borrower: Shearman & Sterling LLP, ENSafrica
Legal Advisor to the JLMs: Davis Polk, Bowmans