International law firm Freshfields Bruckhaus Deringer has advised the joint lead managers in relation to an issue by the Republic of Zambia of U.S.$1,250,000,000 8.970% Notes due 2027. This is the third time the Republic of Zambia has accessed the international debt capital markets since 2012.
Commenting on the transaction, capital markets partner Stuart Grider said: ‘Our Africa practice continues to go from strength to strength, as is shown by the instruction to act for the underwriters on this high profile transaction together with other significant mandates we have advised on in the region recently’.
Capital markets senior associate Nick Hayday, added: ‘This is another transaction that demonstrates the firm’s expertise in sovereign debt issuances. During the course of the last year we have provided advice on a number of other significant sovereign deals, including issuances by Kenya, Armenia, Lithuania, Lebanon and Bulgaria’.
The Freshfields team advising on the deal was led by capital markets partners Peter Allen and Stuart Grider and capital markets senior associate Nick Hayday.
Source: www.freshfields.com
