EMEA Finance Magazine Project Finance Awards
FBN Capital Limited was awarded ‘Best Project Finance Deal in Africa’ for the financing of projects with EMTS (Etisalat). FBN Capital was the Joint Financial Adviser to Etisalat’s US$1.25bn Loan Facility to fund the addition of 924 BTS sites. FBN Capital and Citigroup Global Markets, served together as ‘Financial Advisers’, were mandated by Etisalat to raise finance to refinance its existing $650mm senior debt facility, and finance needs for its network deployment plan across Nigeria.