The team at John W Ffooks & Co assisted a major international bank with its US$80M financing of an acquisition. The acquirer was a UK-based PLC, whose target was Ivorian oil-and-gas assets. We:
- Reviewed Ivory Coast's investor framework;
- Conducted detailed due diligence on the target's assets;
- Provided extensive insight into the loan agreement;
- Drafted local security documentation; and
- Ensured the client was apprised of the taxation implications of the transaction.