The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.


All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
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 billion
Date: priced April 22
Leads: HSBC, Morgan Stanley
Pricing: treasuries plus 200bp (10-year), treasuries plus 233bp (30-year)
Coupon: 5.75%

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree