Euromoney, is part of the Delinian Group, Delinian Limited, 8 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 00954730
Copyright © Delinian Limited and its affiliated companies 2023
Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
CAPITAL MARKETS

Deals of the year 2010: Middle East and African awards

Minerals and dynamism drive MEA deals: Rapid rebound in emerging markets boosted Africa and the Middle East.

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: $2.5 billion
Date: syndication launched August 16
Leads: BNP Paribas, Standard Chartered
Pricing: undisclosed
Tenor: five years
Egypt sovereign bond
Size: $1.5