Zain Africa acquisition and financing Size: $10.7 billion (acquisition), $7.5 billion (syndicated loan) Date: March 20 (loan pricing), June 8 (acquisition closed) Advisers: Barclays, Global Investment House, Standard Chartered (Bharti Airtel), BNP Paribas, UBS (Zain) Lead managers: Standard Chartered (global coordinator) and 10 other banks. Price: 195bp over Libor Tenor: six years Dubai World restructuring Size: $14.4 billion bank debt Date: 100% bank support announced October 27 Advisers: Rothschild (Dubai World), Moelis (Dubai government) Terms: no haircut on principal, 1% cash (five-year), 1% cash plus varying shortfall guarantees and 1.5% to 2.5% payment in kind (eight-year) BP Angola pre-export financing Size: $2. Access intelligence that drives action To unlock this research, enter your email to log in or enquire about access Continue
