Award Winners
Award Winners
Sovereign Debt Deal of the Year
Republic of Angola
US$3,000,000,000
May 2018
Senior Unsecured Dual-tranche Bond due May 2028 and May 2048
8.25% and 9.375%
Join Lead Managers:
- Deutsche Bank
- Goldman Sachs
- ICBC
Legal Advisors to the Issuer:
- Norton Rose Fulbright
Legal Advisors to the JLMs:
Corporate Debt Deal of the Year
Letshego Holdings Ltd
ZAR865,000,000
February 2018
Multi-currency Term Loans and Bonds
ZAR400,000,000 Multi-currency Amortising Term Loans into Letshego’s Namibia, Lesotho, and Swaziland subsidiaries; due February 2021
Dual-Tranche Senior Unsecured Bonds
- ZAR325m due in February 2021
- ZAR140m due in February 2022
Initial Mandated Lead Arranger and Sole Lead Arranger:
- RMB
Legal Advisors to the Issuer:
Legal Advisors to the JLMs:
- Bowmans
Local Currency Bond Deal of the Year
Bayport Financial Services
MZM1,050,000,000
July 2018
Senior Unsecured Bonds due July 2021
24.00%
Joint Lead Managers:
- Standard Bank
- Bank BIG
Legal Advisors to the Issuer:
- Couto, Graca & Associados (CGA)
Legal Advisors to the JLMs:
Financial Institutions Deal of the Year
ABSA Group Limited
US$400,000,000
April 2018
Basel III-compliant Tier 2 Bonds due 2028
Global Coordinators:
- Absa
- Barclays
Joint Lead Managers:
- HSBC
- Citi
Legal Advisors to the Issuer:
- Allen & Overy
Legal Advisors to the JLMs:
- Clifford Chance
- ENSafrica South Africa
Project Finance Deal of the year
Enel Green Power RSA
ZAR14,000,000,000
July 2018
Single Borrower Portfolio Project Finance Facility for 5x140MW Wind Farms due July 2038
Joint Lead Managers:
- Absa
- Nedbank
Legal Advisors to the Borrower:
- Norton Rose Fulbright
Legal Advisors to the JLMs:
- Fasken
Syndicated Loan Deal of the Year
MTN Zambia
ZAR1,200,000,000
Month 2018
Multi-Currency (ZMW, ZAR, USD) Club Loan due 2023
Coordinator
- FNB Zambia, through RMB
Lenders:
- FNB Zambia
- RMB
- Barclays
- Stanbic
- Citi
- Ecobank
- ZANACO
Legal Advisors to the Borrower:
Legal Advisors to the JLMs:
- ENS South Africa
Local Currency Loan Deal of the Year
Geita Gold Mining
US$115,000,000
July 2018
Multi-Currency (USD/TZS) Syndicated Loan due in April 2021
Sole Mandated Lead Arranger and Bookrunner:
- Nedbank Corporate and Investment Bank
Facility B (TZS tranche) Lender and Agent Bank:
- Ecobank
Facility B (TZS tranche) Lenders:
- Stanbic
- National Bank of Commerce
- Standard Chartered Bank
- NMB Bank
Legal Advisors to the Borrower:
- Allen & Overy (South Africa)
Legal Advisors to the JLMs:
- Norton Rose Fulbright
Structured Finance Deal of the Year
Pepkor Holdings
ZAR18,000,000,000
May 2018
Multi-Tranche Syndicated Loans and Preference shares due in May 2021, May 2022 and May 2023
Initial Mandated Lead Arranger & Bookrunner
- RMB
Mandated Lead Arranger
- Standard Bank
- Absa
Legal Advisors to the Borrower:
- Cliffe Dekker Hofmeyr
Legal Advisor to the JLMs:
- Allen & Overy
Export Finance Deal of the Year
Vale S.A. and Mitsui & Co
US$5,150,000,000
November 2017
ECA-backed Term Loan Facility for Construction and Rehabilitation of Nacala Corridor Railway Line due 2031
ECAs:
- Export Credit Insurance of South Africa
- JBIC
- NEXI
- Nippon Life Insurance Company
Joint Lead Managers:
- RMB
- Absa
- Standard Bank
- MUFG
- SMBC
- Mizuho
- Standard Chartered Bank
- African Development Bank
Legal Advisors to the Borrower:
- White & Case
Legal Advisors to the JLMs:
- Linklaters
- Webber Wentzel