ICT/Telecoms Deal of the Year

FBN Capital Limited was awarded the ‘ICT/Telecoms Deal of The Year’ at the Africa Investor Infrastructure Investment Awards for being 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 the funding required for the refinancing of the company’s existing $650mm senior debt facility, and finance the needs for its network deployment plan across Nigeria.