Deals of the year 2010: Middle East and African awards Dominic O’Neill February 04, 2011 Email Facebook LinkedIn Twitter Show more sharing options Share Close extra sharing options Email Facebook LinkedIn Twitter Copy Link URLCopied! Print 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 To unlock this article. Register for a free trial Already registered? Login now
