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
$10.7 billion (acquisition), $7.5 billion (syndicated loan)
March 20 (loan pricing), June 8 (acquisition closed)
Barclays, Global Investment House, Standard Chartered (Bharti Airtel), BNP Paribas, UBS (Zain)
Standard Chartered (global coordinator) and 10 other banks.
195bp over Libor
Dubai World restructuring
$14.4 billion bank debt
100% bank support announced October 27
Rothschild (Dubai World), Moelis (Dubai government)
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
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