templars finance profile (editable version)

www.templars-law.com

A first choice for finance transactions

in Nigeria

TEMPLARS is one of the foremost integrated full-service

With over 50 lawyers (including ten partners) working out

of offices in Lagos, Abuja, Port Harcourt and Uyo, we are

strategically placed to provide top quality legal services to

Our firm is often cited for our business savvy, innovation and

According to the IFLR 1000 Guide, our lawyers are

“great problem solvers”, and our firm is widely recommended

for offering a safe pair of hands in a tricky market; carefully

steering and hand-holding clients through market complexities

Finance Power House

The Preferred Team

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and challenges.

responsiveness.

commercial law firms in Nigeria.

clients in the major economic hubs of the country.

Chambers Global, 2012 edition

IFLR 1000, 2013 edition

Legal 500, 2011 edition

“very efficient and customer driven, with clients getting

their money's worth in terms of quality”

"They were very excellent in our finance work."


“One of Lagos's best organised and modern firms

.... has the best client service of any firm in Nigeria.”

“... a frequent presence in high - value transactions."Chambers Global, 2011 edition

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“

"excel in project financing where you have a lot of

moving parts".

Clients like the firm's "deep bench", which lets them

Legal 500, 2009 edition


Transaction Highlights

Our full service and multi-sectoral finance practice is recognised as Tier 1 by clients, our peers and

leading legal directories. In the area of Projects, we constantly advise sponsors, project companies,

financiers and government entities on some of the most challenging and innovative projects in the

Nigerian market.

We have advised on the following:

Polo Park Mall

Advised Standard Bank on the

US$43 million financing and subsequent

refinancing for Polo Park Development

Company Limited's development of a first

of its kind retail mall in south-eastern

Nigeria.

Eko Atlantic City Project

Advised First Bank of Nigeria, First City

Monument Bank and Guaranty Trust Bank

as lenders on the US$400 million financing

for the development of the Eko Atlantic City

Project involving the construction of a

seawall and reclamation of land for a

mixed-use property development off

the coast of Lagos.

Afren plc Reserves-Based Lending

Advised Afren plc in connection

with a US$450 million senior secured

reserves-based financing for the

development of the Ebok and Okwok

oilfields offshore Nigeria.

Azura Power Project

Advising the project company on

the financing of its up to 500MW

power plant in Edo State.

Radisson Blu

Advised Anchorage Leisure Limited on the

multimillion dollar financing for the development

of its five-star Radisson Blu hotel in Lagos.

Ibom Power Plant

Advised the arranger in respect of a

$150 million bridge financing facility for

the development of the Ibom Power Plant.

Acquisition of Oil Mining Lease 42

Advised Africa Finance Corporation and

Access Bank plc as mandated lead arrangers

in connection with the $150 million debt

finance to the NECONDE Consortium for

its $585 million acquisition of a 45% interest

in the oil acreage comprised in Oil Mining

Lease 42 by NECONDE from Shell, Total

and Agip.

Seawolf Oilfield Services Limited

Advised FBN Capital on the

US$400 million asset finance facility

to Seawolf Oilfield Services for the

acquisition of the business of an Oslo

Exchange-listed company, and the

subsequent acquisition of new-build

jack-up rigs in the name of the target.

Le Meridien Hotel & Apartments

Advising Afrexim and Diamond Bank plc

as arrangers in connection with a

US$170 million syndicated project finance

facility for the development of a five-star

Le Meridien Grande hotel complex.

Islamic Financing

Advised the Islamic Corporation

for the Development of the Private

Sector on its US$28 million (Islamic)

Ijarah financing to Oriental Food

Industry and on its US$10 million

Murabaha financing to Skye Bank plc.

Petrochemical Plant

Advising the project sponsors on the

ongoing development and financing

of a multi-billion dollar petrochemical plant,

dedicated power plant and related

infrastructure in a free trade zone in

Nigeria.

Toll Road/Bridge Project

Advising one of the project sponsors on

the approximately $ 1 billion financing

of the construction a major road and

bridge project in southern Nigeria.

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Debt & EquityCapital Markets Asset Finance

Fund Formation & Investments

Derivatives &Structured

Finance

Mergers &Acquisitions

Banking Regulation


Other Competencies

In addition to Project & Infrastructure financings, our finance practice has extensive

experience advising in the following areas:

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Recent Capital Raising

Highlights

Afren plc Bonds

Luxembourg-listed $500 million 11.5% senior

notes due 2016 and $300 million 10.5% senior

notes due 2019.

Advised Afren plc on its the issuance of its Sea Trucks Group Bonds

on the $200 million secured pre-QPO guaranteed

convertible bonds due 2015 issued by the

Sea Trucks Group on SGX-ST.

Advised Barclays Capital as sole bookrunner

First Hydrocarbon Nigeria

Advised First Hydrocarbon Nigeria Limited (FHN)

in connection with Zephyr Africa Management

Company's US$50 million investment in senior

unsecured convertible notes issued by FHN.

Virgin Nigeria Zero Coupon Bonds

Advised UBA Capital as arranger on the US$100

million issue of zero coupon bonds and credit linked

notes of by Virgin Nigeria Airways Limited.

Oando plc Rights Offering

Advised the joint bookrunners on Oando plc's

US $400 million offering of 4.5 billion ordinary

shares by way of a rights issue to existing

shareholders of the company on the Nigerian

and Johannesburg Stock Exchanges.

International IPO and Dual Listing

Advising a Nigerian Corporate on its US$400 million

proposed initial public offering and dual listing of

equity shares on the Nigerian and Johannesburg

Stock Exchanges.

United Bank for Africa GDR

Advising United Bank for Africa plc on its

Rule 144A issue of Global Depositary Receipts.

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Oghogho Akpata

Partner

cell: +234 (0) 802 291 0062

DL: +234 1 4611 891, +234 1 2799 397

Tel: +234 1 2703 982, +234 1 8449 945-47

+234 (0) 816 9220 228

Fax: +234 1 46 11 294

[email protected]

Chike Obianwu

Partner

cell: +234 (0) 703 470 4697

Tel: +234 1 46 11 291, +234 1 8449 945-47

+234 (0) 811 5708 339

Fax: +234 1 46 11 294

[email protected]

For more information, please contact:

Olamide Oladosu

Partner

cell: +234 (0) 706 417 0305

Tel: +234 1 2703 982, +234 1 8449 945-47

+234 (0) 811 5708 339

Fax: +234 1 46 11 294

[email protected]

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OFFICE LOCATIONS

Lagos

4th Floor, The Octagon

13A, AJ Marinho Drive

Victoria island

Lagos

Tel: +234 1 2703982, +234 1 2799396, +234 1 4611889-90

+234 (0) 816 9220 228, +234 (0) 811 5708 339

Fax: +234 1 46 11 294

Port Harcourt

28 Tombia Street

GRA Phase II

Port Harcourt

Rivers State

Tel: +234 84 462 583-5

Fax: +234 84 462 982

Uyo

Plot 20B, Ewet Housing Estate

Uyo

Akwa Ibom

Tel: +234 1 46 11 290-93, 46 11 889-90

Fax: +234 1 46 11 294

Abuja

3rd Floor, Metro Plaza

Plot 991/2, Zakaria Maimalari Street,

Central Business District

Abuja

Tel: +234 9 273 1898, 273 1877


templars finance profile (editable version)

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