Corporate Finance

We advise a number of lending institutions in Nigeria, (Citibank Nigeria, First Bank, Union Bank, UBA Bank, NNB Bank, Access Bank, Trust Bank, FCMB Bank and Guaranty Trust Bank), international lenders (Credit Lyonnais, Citibank, BNP Paribas, WestLB), export credit agencies (ECGD, US Ex-Im, SACE, Gerling NCM) and multilateral guarantee agencies (AfDB).

The firm was involved in negotiating the $250m vendor financing of Nigerian Telecommunications Company’s network expansion involving Siemens of Germany, Huawei of China, and the CitiGroup. Perchstone & Graeys has previously led the $560m mezzanine financing of Nigeria’s premier indigenous offshore drilling company, SeaWolf Oilfield Services Limited, involving a mix of equity, straight debt and convertible debt finance. We have since additionally led the $110m financing of the subsidiary SeaWolf Land & Swamp Drilling Limited, a joint venture company involving US based Weatherford International as technical partner.